Menon Bearings standalone net profit declines 34.91% in the March 2020 quarter
Sales decline 24.00% to Rs 30.30 crore
Net profit of Menon Bearings declined 34.91% to Rs 3.30 crore in the quarter ended March 2020 as against Rs 5.07 crore during the previous quarter ended March 2019. Sales declined 24.00% to Rs 30.30 crore in the quarter ended March 2020 as against Rs 39.87 crore during the previous quarter ended March 2019.For the full year,net profit declined 43.08% to Rs 14.40 crore in the year ended March 2020 as against Rs 25.30 crore during the previous year ended March 2019. Sales declined 21.29% to Rs 136.09 crore in the year ended March 2020 as against Rs 172.89 crore during the previous year ended March 2019.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content