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IVP standalone net profit declines 16.75% in the March 2019 quarter

Capital Market 

Sales decline 13.84% to Rs 75.67 crore

Net profit of IVP declined 16.75% to Rs 1.64 crore in the quarter ended March 2019 as against Rs 1.97 crore during the previous quarter ended March 2018. Sales declined 13.84% to Rs 75.67 crore in the quarter ended March 2019 as against Rs 87.83 crore during the previous quarter ended March 2018.

For the full year,net profit declined 67.47% to Rs 3.38 crore in the year ended March 2019 as against Rs 10.39 crore during the previous year ended March 2018. Sales rose 18.44% to Rs 319.88 crore in the year ended March 2019 as against Rs 270.08 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales75.6787.83 -14 319.88270.08 18 OPM %05.27 -2.937.75 - PBDT-1.454.09 PL 3.1419.01 -83 PBT-2.193.54 PL 0.2816.41 -98 NP1.641.97 -17 3.3810.39 -67

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, June 01 2019. 17:55 IST
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