STL Global standalone net profit declines 48.19% in the March 2020 quarter

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Sales decline 69.43% to Rs 21.45 crore
Net profit of STL Global declined 48.19% to Rs 22.05 crore in the quarter ended March 2020 as against Rs 42.56 crore during the previous quarter ended March 2019. Sales declined 69.43% to Rs 21.45 crore in the quarter ended March 2020 as against Rs 70.17 crore during the previous quarter ended March 2019.For the full year,net profit declined 42.55% to Rs 24.88 crore in the year ended March 2020 as against Rs 43.31 crore during the previous year ended March 2019. Sales declined 37.68% to Rs 92.41 crore in the year ended March 2020 as against Rs 148.29 crore during the previous year ended March 2019.
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First Published: Jul 27 2020 | 2:59 PM IST