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Gagan Gases standalone net profit declines 50.00% in the March 2020 quarter

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Capital Market

Sales rise 325.00% to Rs 0.68 crore

Net profit of Gagan Gases declined 50.00% to Rs 0.04 crore in the quarter ended March 2020 as against Rs 0.08 crore during the previous quarter ended March 2019. Sales rose 325.00% to Rs 0.68 crore in the quarter ended March 2020 as against Rs 0.16 crore during the previous quarter ended March 2019.

For the full year,net profit declined 64.29% to Rs 0.05 crore in the year ended March 2020 as against Rs 0.14 crore during the previous year ended March 2019. Sales rose 118.97% to Rs 1.27 crore in the year ended March 2020 as against Rs 0.58 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales0.680.16 325 1.270.58 119 OPM %10.2956.25 -8.6634.48 - PBDT0.070.10 -30 0.110.21 -48 PBT0.040.08 -50 0.050.16 -69 NP0.040.08 -50 0.050.14 -64

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First Published: Jul 29 2020 | 8:39 AM IST

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