MPS standalone net profit declines 38.03% in the March 2020 quarter

Sales decline 12.41% to Rs 45.18 crore

Net profit of MPS declined 38.03% to Rs 12.19 crore in the quarter ended March 2020 as against Rs 19.67 crore during the previous quarter ended March 2019. Sales declined 12.41% to Rs 45.18 crore in the quarter ended March 2020 as against Rs 51.58 crore during the previous quarter ended March 2019.

For the full year,net profit declined 29.40% to Rs 52.77 crore in the year ended March 2020 as against Rs 74.74 crore during the previous year ended March 2019. Sales declined 16.21% to Rs 187.65 crore in the year ended March 2020 as against Rs 223.96 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales45.1851.58 -12 187.65223.96 -16 OPM %29.9533.89 -32.0338.62 - PBDT17.4329.29 -40 77.14112.32 -31 PBT15.6327.97 -44 69.69105.86 -34 NP12.1919.67 -38 52.7774.74 -29

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