Transport Corporation of India consolidated net profit declines 25.02% in the March 2020 quarter

Image
Capital Market
Last Updated : Jun 02 2020 | 6:50 PM IST

Sales decline 10.09% to Rs 667.78 crore

Net profit of Transport Corporation of India declined 25.02% to Rs 36.05 crore in the quarter ended March 2020 as against Rs 48.08 crore during the previous quarter ended March 2019. Sales declined 10.09% to Rs 667.78 crore in the quarter ended March 2020 as against Rs 742.70 crore during the previous quarter ended March 2019.

For the full year,net profit declined 1.41% to Rs 142.36 crore in the year ended March 2020 as against Rs 144.40 crore during the previous year ended March 2019. Sales declined 1.30% to Rs 2717.84 crore in the year ended March 2020 as against Rs 2753.65 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales667.78742.70 -10 2717.842753.65 -1 OPM %8.7710.59 -8.859.06 - PBDT62.5979.48 -21 251.48256.74 -2 PBT41.8459.29 -29 168.99179.30 -6 NP36.0548.08 -25 142.36144.40 -1

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 02 2020 | 6:24 PM IST

Next Story