Usha Martin consolidated net profit declines 99.19% in the March 2020 quarter

Image
Capital Market
Last Updated : Jun 06 2020 | 6:51 PM IST

Sales decline 17.95% to Rs 514.72 crore

Net profit of Usha Martin declined 99.19% to Rs 0.39 crore in the quarter ended March 2020 as against Rs 47.89 crore during the previous quarter ended March 2019. Sales declined 17.95% to Rs 514.72 crore in the quarter ended March 2020 as against Rs 627.32 crore during the previous quarter ended March 2019.

For the full year,net profit rose 772.95% to Rs 418.84 crore in the year ended March 2020 as against Rs 47.98 crore during the previous year ended March 2019. Sales declined 13.44% to Rs 2153.82 crore in the year ended March 2020 as against Rs 2488.25 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales514.72627.32 -18 2153.822488.25 -13 OPM %6.03-22.67 -10.75-1.11 - PBDT30.86-169.99 LP 694.00-120.14 LP PBT14.41-185.05 LP 630.38-181.00 LP NP0.3947.89 -99 418.8447.98 773

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 06 2020 | 6:38 PM IST

Next Story