Pennar Industries standalone net profit declines 57.81% in the March 2019 quarter

Image
Capital Market
Last Updated : May 28 2019 | 11:31 AM IST

Sales rise 17.52% to Rs 590.60 crore

Net profit of Pennar Industries declined 57.81% to Rs 23.56 crore in the quarter ended March 2019 as against Rs 55.84 crore during the previous quarter ended March 2018. Sales rose 17.52% to Rs 590.60 crore in the quarter ended March 2019 as against Rs 502.57 crore during the previous quarter ended March 2018.

For the full year,net profit declined 31.18% to Rs 64.04 crore in the year ended March 2019 as against Rs 93.05 crore during the previous year ended March 2018. Sales rose 20.93% to Rs 2116.12 crore in the year ended March 2019 as against Rs 1749.82 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales590.60502.57 18 2116.121749.82 21 OPM %9.9915.05 -8.0610.60 - PBDT40.8266.01 -38 121.38140.99 -14 PBT32.9057.46 -43 93.51118.10 -21 NP23.5655.84 -58 64.0493.05 -31

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: May 28 2019 | 11:19 AM IST

Next Story