Tide Water Oil Co (I) standalone net profit declines 17.46% in the March 2020 quarter

Image
Capital Market
Last Updated : Jun 24 2020 | 2:51 PM IST

Sales decline 18.78% to Rs 252.90 crore

Net profit of Tide Water Oil Co (I) declined 17.46% to Rs 23.44 crore in the quarter ended March 2020 as against Rs 28.40 crore during the previous quarter ended March 2019. Sales declined 18.78% to Rs 252.90 crore in the quarter ended March 2020 as against Rs 311.39 crore during the previous quarter ended March 2019.

For the full year,net profit rose 9.32% to Rs 105.73 crore in the year ended March 2020 as against Rs 96.72 crore during the previous year ended March 2019. Sales declined 5.54% to Rs 1127.28 crore in the year ended March 2020 as against Rs 1193.34 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales252.90311.39 -19 1127.281193.34 -6 OPM %9.2010.80 -10.7010.15 - PBDT34.5545.24 -24 151.99155.25 -2 PBT32.1443.07 -25 142.63146.96 -3 NP23.4428.40 -17 105.7396.72 9

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: Jun 24 2020 | 2:36 PM IST

Next Story