V-Guard Industries consolidated net profit declines 47.12% in the March 2020 quarter

Image
Capital Market
Last Updated : Jun 01 2020 | 7:31 PM IST

Sales decline 27.44% to Rs 541.14 crore

Net profit of V-Guard Industries declined 47.12% to Rs 32.18 crore in the quarter ended March 2020 as against Rs 60.85 crore during the previous quarter ended March 2019. Sales declined 27.44% to Rs 541.14 crore in the quarter ended March 2020 as against Rs 745.78 crore during the previous quarter ended March 2019.

For the full year,net profit rose 11.88% to Rs 187.11 crore in the year ended March 2020 as against Rs 167.24 crore during the previous year ended March 2019. Sales declined 3.51% to Rs 2502.94 crore in the year ended March 2020 as against Rs 2594.01 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales541.14745.78 -27 2502.942594.01 -4 OPM %8.4310.78 -10.318.65 - PBDT49.6988.23 -44 278.96242.60 15 PBT42.2782.37 -49 249.58219.59 14 NP32.1860.85 -47 187.11167.24 12

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 01 2020 | 7:11 PM IST

Next Story