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Orient Cement standalone net profit declines 28.91% in the March 2020 quarter

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Sales decline 12.82% to Rs 654.52 crore

Net profit of Orient Cement declined 28.91% to Rs 44.07 crore in the quarter ended March 2020 as against Rs 61.99 crore during the previous quarter ended March 2019. Sales declined 12.82% to Rs 654.52 crore in the quarter ended March 2020 as against Rs 750.81 crore during the previous quarter ended March 2019.

For the full year,net profit rose 82.10% to Rs 86.59 crore in the year ended March 2020 as against Rs 47.55 crore during the previous year ended March 2019. Sales declined 3.98% to Rs 2421.80 crore in the year ended March 2020 as against Rs 2522.17 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales654.52750.81 -13 2421.802522.17 -4 OPM %19.0520.38 -15.8112.37 - PBDT104.12126.76 -18 278.27207.51 34 PBT69.6593.78 -26 137.4074.79 84 NP44.0761.99 -29 86.5947.55 82

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

First Published: Fri, May 22 2020. 16:09 IST
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