S P Apparels consolidated net profit declines 85.28% in the March 2020 quarter

Image
Capital Market
Last Updated : Jun 27 2020 | 9:09 AM IST

Sales decline 24.23% to Rs 168.37 crore

Net profit of S P Apparels declined 85.28% to Rs 2.81 crore in the quarter ended March 2020 as against Rs 19.09 crore during the previous quarter ended March 2019. Sales declined 24.23% to Rs 168.37 crore in the quarter ended March 2020 as against Rs 222.22 crore during the previous quarter ended March 2019.

For the full year,net profit declined 36.05% to Rs 46.92 crore in the year ended March 2020 as against Rs 73.37 crore during the previous year ended March 2019. Sales declined 2.11% to Rs 808.97 crore in the year ended March 2020 as against Rs 826.38 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales168.37222.22 -24 808.97826.38 -2 OPM %10.5514.85 -10.2816.20 - PBDT13.5035.37 -62 84.07131.03 -36 PBT5.1629.88 -83 54.14109.45 -51 NP2.8119.09 -85 46.9273.37 -36

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 27 2020 | 8:32 AM IST

Next Story