Madhav Infra Projects standalone net profit declines 57.59% in the March 2020 quarter

Image
Capital Market
Last Updated : Aug 26 2020 | 9:04 AM IST

Sales decline 63.32% to Rs 38.00 crore

Net profit of Madhav Infra Projects declined 57.59% to Rs 0.95 crore in the quarter ended March 2020 as against Rs 2.24 crore during the previous quarter ended March 2019. Sales declined 63.32% to Rs 38.00 crore in the quarter ended March 2020 as against Rs 103.61 crore during the previous quarter ended March 2019.

For the full year,net profit rose 40.67% to Rs 4.60 crore in the year ended March 2020 as against Rs 3.27 crore during the previous year ended March 2019. Sales declined 33.02% to Rs 200.34 crore in the year ended March 2020 as against Rs 299.11 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales38.00103.61 -63 200.34299.11 -33 OPM %2.4519.67 -22.2020.58 - PBDT17.739.97 78 39.3429.81 32 PBT11.842.81 321 16.174.05 299 NP0.952.24 -58 4.603.27 41

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 26 2020 | 7:53 AM IST

Next Story