Mahindra EPC Irrigation consolidated net profit rises 79.89% in the March 2020 quarter

Sales rise 11.69% to Rs 82.66 crore

Net profit of Mahindra EPC Irrigation rose 79.89% to Rs 9.57 crore in the quarter ended March 2020 as against Rs 5.32 crore during the previous quarter ended March 2019. Sales rose 11.69% to Rs 82.66 crore in the quarter ended March 2020 as against Rs 74.01 crore during the previous quarter ended March 2019.

For the full year,net profit rose 104.07% to Rs 23.04 crore in the year ended March 2020 as against Rs 11.29 crore during the previous year ended March 2019. Sales rose 9.17% to Rs 283.96 crore in the year ended March 2020 as against Rs 260.11 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales82.6674.01 12 283.96260.11 9 OPM %16.8611.55 -12.897.76 - PBDT14.048.81 59 35.9519.86 81 PBT12.888.03 60 32.1516.79 91 NP9.575.32 80 23.0411.29 104

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