Rajratan Global Wire consolidated net profit declines 22.87% in the March 2020 quarter

Sales decline 3.32% to Rs 124.65 crore

Net profit of Rajratan Global Wire declined 22.87% to Rs 6.07 crore in the quarter ended March 2020 as against Rs 7.87 crore during the previous quarter ended March 2019. Sales declined 3.32% to Rs 124.65 crore in the quarter ended March 2020 as against Rs 128.93 crore during the previous quarter ended March 2019.

For the full year,net profit rose 23.70% to Rs 33.04 crore in the year ended March 2020 as against Rs 26.71 crore during the previous year ended March 2019. Sales declined 2.57% to Rs 480.21 crore in the year ended March 2020 as against Rs 492.89 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales124.65128.93 -3 480.21492.89 -3 OPM %12.9211.36 -14.1610.63 - PBDT11.9612.92 -7 55.8043.29 29 PBT8.6510.39 -17 43.7134.10 28 NP6.077.87 -23 33.0426.71 24

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