Pioneer Embroideries consolidated net profit rises 244.68% in the March 2020 quarter
Sales decline 26.74% to Rs 51.38 crore
Net profit of Pioneer Embroideries rose 244.68% to Rs 1.62 crore in the quarter ended March 2020 as against Rs 0.47 crore during the previous quarter ended March 2019. Sales declined 26.74% to Rs 51.38 crore in the quarter ended March 2020 as against Rs 70.13 crore during the previous quarter ended March 2019.For the full year,net profit rose 107.32% to Rs 8.21 crore in the year ended March 2020 as against Rs 3.96 crore during the previous year ended March 2019. Sales declined 12.85% to Rs 237.86 crore in the year ended March 2020 as against Rs 272.94 crore during the previous year ended March 2019.
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