Escorts standalone net profit rises 15.70% in the March 2020 quarter

Sales decline 15.38% to Rs 1380.68 crore

Net profit of Escorts rose 15.70% to Rs 140.40 crore in the quarter ended March 2020 as against Rs 121.35 crore during the previous quarter ended March 2019. Sales declined 15.38% to Rs 1380.68 crore in the quarter ended March 2020 as against Rs 1631.66 crore during the previous quarter ended March 2019.

For the full year,net profit rose 0.13% to Rs 485.54 crore in the year ended March 2020 as against Rs 484.91 crore during the previous year ended March 2019. Sales declined 7.03% to Rs 5760.95 crore in the year ended March 2020 as against Rs 6196.36 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales1380.681631.66 -15 5760.956196.36 -7 OPM %14.0811.63 -11.7311.83 - PBDT219.37199.64 10 752.61796.89 -6 PBT191.60177.83 8 648.06711.52 -9 NP140.40121.35 16 485.54484.91 0

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