Vippy Spinpro standalone net profit declines 30.64% in the March 2020 quarter

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Sales decline 12.89% to Rs 25.27 crore
Net profit of Vippy Spinpro declined 30.64% to Rs 1.20 crore in the quarter ended March 2020 as against Rs 1.73 crore during the previous quarter ended March 2019. Sales declined 12.89% to Rs 25.27 crore in the quarter ended March 2020 as against Rs 29.01 crore during the previous quarter ended March 2019.For the full year,net profit declined 15.21% to Rs 3.79 crore in the year ended March 2020 as against Rs 4.47 crore during the previous year ended March 2019. Sales declined 2.55% to Rs 110.66 crore in the year ended March 2020 as against Rs 113.55 crore during the previous year ended March 2019.
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First Published: Jun 30 2020 | 8:47 AM IST