Kirloskar Brothers consolidated net profit declines 46.88% in the March 2020 quarter

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Sales decline 22.36% to Rs 786.90 crore
Net profit of Kirloskar Brothers declined 46.88% to Rs 23.00 crore in the quarter ended March 2020 as against Rs 43.30 crore during the previous quarter ended March 2019. Sales declined 22.36% to Rs 786.90 crore in the quarter ended March 2020 as against Rs 1013.50 crore during the previous quarter ended March 2019.For the full year,net profit rose 1954.29% to Rs 71.90 crore in the year ended March 2020 as against Rs 3.50 crore during the previous year ended March 2019. Sales declined 6.38% to Rs 3135.40 crore in the year ended March 2020 as against Rs 3349.00 crore during the previous year ended March 2019.
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First Published: Jun 06 2020 | 8:06 AM IST