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Infibeam Avenues consolidated net profit declines 61.30% in the March 2020 quarter

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Capital Market

Sales decline 54.36% to Rs 135.91 crore

Net profit of Infibeam Avenues declined 61.30% to Rs 29.24 crore in the quarter ended March 2020 as against Rs 75.56 crore during the previous quarter ended March 2019. Sales declined 54.36% to Rs 135.91 crore in the quarter ended March 2020 as against Rs 297.78 crore during the previous quarter ended March 2019.

For the full year,net profit declined 14.94% to Rs 107.98 crore in the year ended March 2020 as against Rs 126.95 crore during the previous year ended March 2019. Sales declined 43.92% to Rs 648.09 crore in the year ended March 2020 as against Rs 1155.58 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales135.91297.78 -54 648.091155.58 -44 OPM %25.1721.01 -23.6515.25 - PBDT48.1769.77 -31 212.34188.49 13 PBT23.9144.90 -47 120.99106.28 14 NP29.2475.56 -61 107.98126.95 -15

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First Published: Jun 05 2020 | 4:18 PM IST

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