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Arihant Foundations & Housing reports standalone net profit of Rs 0.16 crore in the March 2020 quarter

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Capital Market
Last Updated : Aug 06 2020 | 12:51 PM IST

Sales decline 73.81% to Rs 1.21 crore

Net profit of Arihant Foundations & Housing reported to Rs 0.16 crore in the quarter ended March 2020 as against net loss of Rs 0.09 crore during the previous quarter ended March 2019. Sales declined 73.81% to Rs 1.21 crore in the quarter ended March 2020 as against Rs 4.62 crore during the previous quarter ended March 2019.

For the full year,net profit rose 4.11% to Rs 1.52 crore in the year ended March 2020 as against Rs 1.46 crore during the previous year ended March 2019. Sales declined 73.76% to Rs 17.20 crore in the year ended March 2020 as against Rs 65.56 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales1.214.62 -74 17.2065.56 -74 OPM %-14.8840.04 --44.83-9.00 - PBDT0.300.21 43 2.382.46 -3 PBT0.220.11 100 2.022.01 0 NP0.16-0.09 LP 1.521.46 4

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First Published: Aug 06 2020 | 11:39 AM IST

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