Sagar Cements consolidated net profit declines 93.12% in the March 2020 quarter

Image
Capital Market
Last Updated : May 29 2020 | 4:31 PM IST

Sales decline 17.02% to Rs 303.57 crore

Net profit of Sagar Cements declined 93.12% to Rs 1.29 crore in the quarter ended March 2020 as against Rs 18.75 crore during the previous quarter ended March 2019. Sales declined 17.02% to Rs 303.57 crore in the quarter ended March 2020 as against Rs 365.84 crore during the previous quarter ended March 2019.

For the full year,net profit rose 96.54% to Rs 26.71 crore in the year ended March 2020 as against Rs 13.59 crore during the previous year ended March 2019. Sales declined 3.48% to Rs 1175.15 crore in the year ended March 2020 as against Rs 1217.55 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales303.57365.84 -17 1175.151217.55 -3 OPM %14.7116.88 -15.7712.27 - PBDT32.4646.11 -30 128.3488.90 44 PBT11.1028.71 -61 49.6723.20 114 NP1.2918.75 -93 26.7113.59 97

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 29 2020 | 4:15 PM IST

Next Story