Kanani Industries reports consolidated net profit of Rs 1.10 crore in the March 2020 quarter

Sales rise 29.53% to Rs 102.96 crore

Net profit of Kanani Industries reported to Rs 1.10 crore in the quarter ended March 2020. There were no net profit/loss reported during the previous quarter ended March 2019. Sales rose 29.53% to Rs 102.96 crore in the quarter ended March 2020 as against Rs 79.49 crore during the previous quarter ended March 2019.

For the full year,net profit rose 17.43% to Rs 2.56 crore in the year ended March 2020 as against Rs 2.18 crore during the previous year ended March 2019. Sales rose 9.42% to Rs 376.56 crore in the year ended March 2020 as against Rs 344.14 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales102.9679.49 30 376.56344.14 9 OPM %0.790.83 -0.831.04 - PBDT1.210.07 1629 2.882.60 11 PBT1.170 0 2.742.34 17 NP1.100 0 2.562.18 17

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