GNA Axles consolidated net profit declines 74.13% in the March 2020 quarter

Sales decline 25.38% to Rs 180.72 crore

Net profit of GNA Axles declined 74.13% to Rs 4.63 crore in the quarter ended March 2020 as against Rs 17.90 crore during the previous quarter ended March 2019. Sales declined 25.38% to Rs 180.72 crore in the quarter ended March 2020 as against Rs 242.20 crore during the previous quarter ended March 2019.

For the full year,net profit declined 19.91% to Rs 52.73 crore in the year ended March 2020 as against Rs 65.84 crore during the previous year ended March 2019. Sales declined 2.07% to Rs 909.02 crore in the year ended March 2020 as against Rs 928.28 crore during the previous year ended March 2019.

 

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales180.72242.20 -25 909.02928.28 -2 OPM %10.4415.96 -13.6915.63 - PBDT16.6737.27 -55 112.17137.35 -18 PBT6.0728.42 -79 69.81102.62 -32 NP4.6317.90 -74 52.7365.84 -20

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