Geekay Wires standalone net profit rises 229.51% in the March 2020 quarter

Sales decline 22.00% to Rs 45.66 crore

Net profit of Geekay Wires rose 229.51% to Rs 2.01 crore in the quarter ended March 2020 as against Rs 0.61 crore during the previous quarter ended March 2019. Sales declined 22.00% to Rs 45.66 crore in the quarter ended March 2020 as against Rs 58.54 crore during the previous quarter ended March 2019.

For the full year,net profit rose 126.92% to Rs 6.49 crore in the year ended March 2020 as against Rs 2.86 crore during the previous year ended March 2019. Sales declined 12.59% to Rs 190.40 crore in the year ended March 2020 as against Rs 217.83 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales45.6658.54 -22 190.40217.83 -13 OPM %1.662.14 -5.803.73 - PBDT3.481.97 77 11.527.16 61 PBT2.761.41 96 8.954.93 82 NP2.010.61 230 6.492.86 127

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