Mishra Dhatu Nigam standalone net profit declines 49.69% in the March 2020 quarter

Sales decline 39.17% to Rs 203.14 crore

Net profit of Mishra Dhatu Nigam declined 49.69% to Rs 40.39 crore in the quarter ended March 2020 as against Rs 80.29 crore during the previous quarter ended March 2019. Sales declined 39.17% to Rs 203.14 crore in the quarter ended March 2020 as against Rs 333.95 crore during the previous quarter ended March 2019.

For the full year,net profit rose 22.34% to Rs 159.73 crore in the year ended March 2020 as against Rs 130.56 crore during the previous year ended March 2019. Sales rose 0.80% to Rs 708.85 crore in the year ended March 2020 as against Rs 703.19 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales203.14333.95 -39 708.85703.19 1 OPM %24.6733.15 -27.8926.13 - PBDT62.34120.82 -48 228.19214.24 7 PBT55.71114.85 -51 202.08191.05 6 NP40.3980.29 -50 159.73130.56 22

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