Home / Companies / News / Murugappa Group posts 2.8% rise in Q4 FY20 profit after tax at Rs 2,946 cr

Murugappa Group posts 2.8% rise in Q4 FY20 profit after tax at Rs 2,946 cr

According to a statement from the group, the manufacturing entities of the group generated a free cash flow at 119 per cent of the profit after tax

cash, currency, notes, funds, investment, shares, growth, profit, loss, tax, money, income, earnings

Premium

The cash flow was Rs 1,903 crore (2019-20) as against negative Rs 30 crore registered previous year (2018- 19), the company said

Press Trust of India New Delhi

2 min read Last Updated : Jun 23 2020 | 9:05 PM IST

The diversified business conglomerate Murugappa Group has recorded a 2.8 per cent rise in its profit after tax for the year ending March 31, 2020 at Rs 2,946 crore.

The group registered a growth of 3.3 per cent in turnover at Rs 38,105 crore during 2019-20 as against Rs 36,890 crore recorded previous year.

According to a statement from the group, the manufacturing entities of the group generated a free cash flow at 119 per cent of the profit after tax.

ALSO READ: Wipro bags infra modernisation, digital transformation contract from E.ON

The cash flow was Rs 1,903 crore (2019-20) as against negative

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in