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GHCL consolidated net profit declines 28.95% in the March 2020 quarter

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Capital Market

Sales decline 17.38% to Rs 750.07 crore

Net profit of GHCL declined 28.95% to Rs 84.86 crore in the quarter ended March 2020 as against Rs 119.43 crore during the previous quarter ended March 2019. Sales declined 17.38% to Rs 750.07 crore in the quarter ended March 2020 as against Rs 907.86 crore during the previous quarter ended March 2019.

For the full year,net profit rose 13.13% to Rs 396.62 crore in the year ended March 2020 as against Rs 350.58 crore during the previous year ended March 2019. Sales declined 1.08% to Rs 3305.12 crore in the year ended March 2020 as against Rs 3341.32 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales750.07907.86 -17 3305.123341.32 -1 OPM %20.7926.34 -22.0322.73 - PBDT122.99211.91 -42 625.81647.57 -3 PBT88.09181.67 -52 494.60530.63 -7 NP84.86119.43 -29 396.62350.58 13

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First Published: May 20 2020 | 4:00 PM IST

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