Balmer Lawrie & Company standalone net profit declines 15.12% in the March 2020 quarter

Sales decline 27.47% to Rs 344.16 crore

Net profit of Balmer Lawrie & Company declined 15.12% to Rs 74.93 crore in the quarter ended March 2020 as against Rs 88.28 crore during the previous quarter ended March 2019. Sales declined 27.47% to Rs 344.16 crore in the quarter ended March 2020 as against Rs 474.49 crore during the previous quarter ended March 2019.

For the full year,net profit declined 6.01% to Rs 177.17 crore in the year ended March 2020 as against Rs 188.50 crore during the previous year ended March 2019. Sales declined 13.83% to Rs 1529.77 crore in the year ended March 2020 as against Rs 1775.20 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales344.16474.49 -27 1529.771775.20 -14 OPM %21.4118.66 -13.0713.17 - PBDT112.80131.75 -14 274.35306.82 -11 PBT97.22124.97 -22 232.44280.10 -17 NP74.9388.28 -15 177.17188.50 -6

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