Skipper standalone net profit declines 63.99% in the March 2019 quarter

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Sales decline 26.90% to Rs 433.39 crore
Net profit of Skipper declined 63.99% to Rs 17.77 crore in the quarter ended March 2019 as against Rs 49.35 crore during the previous quarter ended March 2018. Sales declined 26.90% to Rs 433.39 crore in the quarter ended March 2019 as against Rs 592.85 crore during the previous quarter ended March 2018.For the full year,net profit declined 73.50% to Rs 31.21 crore in the year ended March 2019 as against Rs 117.76 crore during the previous year ended March 2018. Sales declined 9.78% to Rs 1870.87 crore in the year ended March 2019 as against Rs 2073.72 crore during the previous year ended March 2018.
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First Published: May 22 2019 | 5:31 PM IST