Voith Paper Fabrics India standalone net profit declines 15.30% in the March 2020 quarter

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Sales decline 16.27% to Rs 26.24 crore
Net profit of Voith Paper Fabrics India declined 15.30% to Rs 5.26 crore in the quarter ended March 2020 as against Rs 6.21 crore during the previous quarter ended March 2019. Sales declined 16.27% to Rs 26.24 crore in the quarter ended March 2020 as against Rs 31.34 crore during the previous quarter ended March 2019.For the full year,net profit rose 6.23% to Rs 24.54 crore in the year ended March 2020 as against Rs 23.10 crore during the previous year ended March 2019. Sales rose 5.10% to Rs 116.35 crore in the year ended March 2020 as against Rs 110.70 crore during the previous year ended March 2019.
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First Published: Jul 31 2020 | 7:50 AM IST