Pennar Industries consolidated net profit declines 96.07% in the March 2020 quarter

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Sales decline 22.85% to Rs 451.39 crore
Net profit of Pennar Industries declined 96.07% to Rs 0.95 crore in the quarter ended March 2020 as against Rs 24.15 crore during the previous quarter ended March 2019. Sales declined 22.85% to Rs 451.39 crore in the quarter ended March 2020 as against Rs 585.07 crore during the previous quarter ended March 2019.For the full year,net profit declined 20.15% to Rs 53.05 crore in the year ended March 2020 as against Rs 66.44 crore during the previous year ended March 2019. Sales declined 1.25% to Rs 2106.55 crore in the year ended March 2020 as against Rs 2133.11 crore during the previous year ended March 2019.
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First Published: Jul 01 2020 | 4:14 PM IST