Srikalahasthi Pipes standalone net profit rises 41.59% in the March 2020 quarter
Sales decline 2.50% to Rs 398.47 crore
Net profit of Srikalahasthi Pipes rose 41.59% to Rs 50.73 crore in the quarter ended March 2020 as against Rs 35.83 crore during the previous quarter ended March 2019. Sales declined 2.50% to Rs 398.47 crore in the quarter ended March 2020 as against Rs 408.70 crore during the previous quarter ended March 2019.For the full year,net profit rose 59.67% to Rs 187.68 crore in the year ended March 2020 as against Rs 117.54 crore during the previous year ended March 2019. Sales rose 6.68% to Rs 1662.90 crore in the year ended March 2020 as against Rs 1558.80 crore during the previous year ended March 2019.
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