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GSS Infotech consolidated net profit rises 36.45% in the March 2020 quarter

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Capital Market

Sales decline 12.71% to Rs 32.84 crore

Net profit of GSS Infotech rose 36.45% to Rs 1.46 crore in the quarter ended March 2020 as against Rs 1.07 crore during the previous quarter ended March 2019. Sales declined 12.71% to Rs 32.84 crore in the quarter ended March 2020 as against Rs 37.62 crore during the previous quarter ended March 2019.

For the full year,net profit declined 47.89% to Rs 6.06 crore in the year ended March 2020 as against Rs 11.63 crore during the previous year ended March 2019. Sales declined 11.53% to Rs 139.66 crore in the year ended March 2020 as against Rs 157.86 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales32.8437.62 -13 139.66157.86 -12 OPM %5.824.36 -5.587.90 - PBDT1.751.44 22 7.1312.50 -43 PBT1.681.35 24 6.8312.31 -45 NP1.461.07 36 6.0611.63 -48

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First Published: Apr 21 2020 | 6:03 PM IST

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