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Marvel Vinyls standalone net profit rises 0.82% in the March 2020 quarter

Capital Market 

Sales decline 7.90% to Rs 55.73 crore

Net profit of Marvel Vinyls rose 0.82% to Rs 1.23 crore in the quarter ended March 2020 as against Rs 1.22 crore during the previous quarter ended March 2019. Sales declined 7.90% to Rs 55.73 crore in the quarter ended March 2020 as against Rs 60.51 crore during the previous quarter ended March 2019.

For the full year,net profit rose 55.28% to Rs 3.82 crore in the year ended March 2020 as against Rs 2.46 crore during the previous year ended March 2019. Sales rose 3.80% to Rs 251.05 crore in the year ended March 2020 as against Rs 241.86 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales55.7360.51 -8 251.05241.86 4 OPM %2.147.83 -4.254.78 - PBDT1.573.27 -52 8.057.87 2 PBT0.492.15 -77 4.064.01 1 NP1.231.22 1 3.822.46 55

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

First Published: Tue, July 28 2020. 11:44 IST
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