Universal Cables standalone net profit declines 45.06% in the March 2020 quarter

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Sales decline 9.40% to Rs 371.80 crore
Net profit of Universal Cables declined 45.06% to Rs 11.85 crore in the quarter ended March 2020 as against Rs 21.57 crore during the previous quarter ended March 2019. Sales declined 9.40% to Rs 371.80 crore in the quarter ended March 2020 as against Rs 410.39 crore during the previous quarter ended March 2019.For the full year,net profit declined 6.45% to Rs 64.55 crore in the year ended March 2020 as against Rs 69.00 crore during the previous year ended March 2019. Sales rose 10.76% to Rs 1568.96 crore in the year ended March 2020 as against Rs 1416.55 crore during the previous year ended March 2019.
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First Published: Jun 01 2020 | 7:37 PM IST