Bhagwati Autocast standalone net profit rises 22.86% in the March 2020 quarter

Sales decline 5.68% to Rs 23.76 crore

Net profit of Bhagwati Autocast rose 22.86% to Rs 0.43 crore in the quarter ended March 2020 as against Rs 0.35 crore during the previous quarter ended March 2019. Sales declined 5.68% to Rs 23.76 crore in the quarter ended March 2020 as against Rs 25.19 crore during the previous quarter ended March 2019.

For the full year,net profit declined 41.46% to Rs 2.16 crore in the year ended March 2020 as against Rs 3.69 crore during the previous year ended March 2019. Sales declined 16.22% to Rs 100.50 crore in the year ended March 2020 as against Rs 119.96 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales23.7625.19 -6 100.50119.96 -16 OPM %6.026.27 -6.306.94 - PBDT1.211.28 -5 5.457.26 -25 PBT0.640.63 2 3.044.93 -38 NP0.430.35 23 2.163.69 -41

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