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MPS consolidated net profit declines 58.27% in the March 2020 quarter

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Sales decline 15.65% to Rs 76.16 crore

Net profit of MPS declined 58.27% to Rs 9.43 crore in the quarter ended March 2020 as against Rs 22.60 crore during the previous quarter ended March 2019. Sales declined 15.65% to Rs 76.16 crore in the quarter ended March 2020 as against Rs 90.29 crore during the previous quarter ended March 2019.

For the full year,net profit declined 21.27% to Rs 59.86 crore in the year ended March 2020 as against Rs 76.03 crore during the previous year ended March 2019. Sales declined 8.52% to Rs 331.65 crore in the year ended March 2020 as against Rs 362.54 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales76.1690.29 -16 331.65362.54 -9 OPM %17.6725.22 -23.8125.75 - PBDT17.3234.78 -50 96.79118.42 -18 PBT13.5732.07 -58 81.42107.35 -24 NP9.4322.60 -58 59.8676.03 -21

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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, May 19 2020. 16:11 IST
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