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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

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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

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.

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