Kirloskar Pneumatic Company standalone net profit declines 26.27% in the March 2020 quarter

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Sales decline 11.56% to Rs 222.89 crore
Net profit of Kirloskar Pneumatic Company declined 26.27% to Rs 24.03 crore in the quarter ended March 2020 as against Rs 32.59 crore during the previous quarter ended March 2019. Sales declined 11.56% to Rs 222.89 crore in the quarter ended March 2020 as against Rs 252.02 crore during the previous quarter ended March 2019.For the full year,net profit declined 3.18% to Rs 53.50 crore in the year ended March 2020 as against Rs 55.26 crore during the previous year ended March 2019. Sales rose 15.61% to Rs 821.13 crore in the year ended March 2020 as against Rs 710.24 crore during the previous year ended March 2019.
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First Published: Jun 25 2020 | 3:00 PM IST