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BMW Industries consolidated net profit declines 43.88% in the March 2020 quarter

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Capital Market

Sales decline 30.92% to Rs 151.80 crore

Net profit of BMW Industries declined 43.88% to Rs 7.70 crore in the quarter ended March 2020 as against Rs 13.72 crore during the previous quarter ended March 2019. Sales declined 30.92% to Rs 151.80 crore in the quarter ended March 2020 as against Rs 219.74 crore during the previous quarter ended March 2019.

For the full year,net profit declined 47.47% to Rs 21.90 crore in the year ended March 2020 as against Rs 41.69 crore during the previous year ended March 2019. Sales declined 25.81% to Rs 614.79 crore in the year ended March 2020 as against Rs 828.64 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales151.80219.74 -31 614.79828.64 -26 OPM %19.6114.03 -17.7117.03 - PBDT22.2427.57 -19 79.31111.40 -29 PBT8.7916.16 -46 31.9964.60 -50 NP7.7013.72 -44 21.9041.69 -47

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First Published: Jul 11 2020 | 8:12 AM IST

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