TCI Express standalone net profit declines 12.56% in the March 2020 quarter

Sales decline 10.50% to Rs 237.94 crore

Net profit of TCI Express declined 12.56% to Rs 19.01 crore in the quarter ended March 2020 as against Rs 21.74 crore during the previous quarter ended March 2019. Sales declined 10.50% to Rs 237.94 crore in the quarter ended March 2020 as against Rs 265.84 crore during the previous quarter ended March 2019.

For the full year,net profit rose 22.30% to Rs 89.08 crore in the year ended March 2020 as against Rs 72.84 crore during the previous year ended March 2019. Sales rose 0.80% to Rs 1031.96 crore in the year ended March 2020 as against Rs 1023.79 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales237.94265.84 -10 1031.961023.79 1 OPM %11.2112.71 -11.7511.62 - PBDT27.5834.51 -20 124.77118.40 5 PBT25.5132.82 -22 116.98111.87 5 NP19.0121.74 -13 89.0872.84 22

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