Parshwanath Corporation standalone net profit rises 466.67% in the March 2020 quarter

Image
Capital Market
Last Updated : Jun 29 2020 | 6:50 PM IST

Sales rise 100.00% to Rs 0.26 crore

Net profit of Parshwanath Corporation rose 466.67% to Rs 0.17 crore in the quarter ended March 2020 as against Rs 0.03 crore during the previous quarter ended March 2019. Sales rose 100.00% to Rs 0.26 crore in the quarter ended March 2020 as against Rs 0.13 crore during the previous quarter ended March 2019.

For the full year,net profit rose 58.70% to Rs 0.73 crore in the year ended March 2020 as against Rs 0.46 crore during the previous year ended March 2019. Sales rose 50.77% to Rs 0.98 crore in the year ended March 2020 as against Rs 0.65 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales0.260.13 100 0.980.65 51 OPM %30.77-92.31 -24.49-4.62 - PBDT0.230.04 475 0.870.58 50 PBT0.210.02 950 0.770.48 60 NP0.170.03 467 0.730.46 59

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: Jun 29 2020 | 6:17 PM IST

Next Story