Elgi Equipments consolidated net profit declines 97.05% in the March 2020 quarter

Sales decline 13.89% to Rs 454.71 crore

Net profit of Elgi Equipments declined 97.05% to Rs 1.05 crore in the quarter ended March 2020 as against Rs 35.65 crore during the previous quarter ended March 2019. Sales declined 13.89% to Rs 454.71 crore in the quarter ended March 2020 as against Rs 528.03 crore during the previous quarter ended March 2019.

For the full year,net profit declined 58.70% to Rs 42.57 crore in the year ended March 2020 as against Rs 103.07 crore during the previous year ended March 2019. Sales declined 1.83% to Rs 1829.39 crore in the year ended March 2020 as against Rs 1863.47 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales454.71528.03 -14 1829.391863.47 -2 OPM %5.9511.65 -7.4310.29 - PBDT23.6562.85 -62 133.55192.42 -31 PBT6.1448.58 -87 68.32141.32 -52 NP1.0535.65 -97 42.57103.07 -59

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