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Ram Ratna Wires consolidated net profit declines 71.31% in the March 2020 quarter

Capital Market 

Sales decline 12.24% to Rs 344.78 crore

Net profit of Ram Ratna Wires declined 71.31% to Rs 1.71 crore in the quarter ended March 2020 as against Rs 5.96 crore during the previous quarter ended March 2019. Sales declined 12.24% to Rs 344.78 crore in the quarter ended March 2020 as against Rs 392.88 crore during the previous quarter ended March 2019.

For the full year,net profit declined 7.55% to Rs 14.45 crore in the year ended March 2020 as against Rs 15.63 crore during the previous year ended March 2019. Sales rose 1.67% to Rs 1446.44 crore in the year ended March 2020 as against Rs 1422.63 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales344.78392.88 -12 1446.441422.63 2 OPM %3.865.04 -4.144.66 - PBDT6.7813.63 -50 35.2141.03 -14 PBT2.019.13 -78 16.6924.66 -32 NP1.715.96 -71 14.4515.63 -8

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

First Published: Thu, July 30 2020. 08:26 IST
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