Gujarat Sidhee Cement consolidated net profit rises 238.46% in the March 2020 quarter

Sales rise 6.23% to Rs 165.48 crore

Net profit of Gujarat Sidhee Cement rose 238.46% to Rs 16.28 crore in the quarter ended March 2020 as against Rs 4.81 crore during the previous quarter ended March 2019. Sales rose 6.23% to Rs 165.48 crore in the quarter ended March 2020 as against Rs 155.78 crore during the previous quarter ended March 2019.

For the full year,net profit reported to Rs 44.84 crore in the year ended March 2020 as against net loss of Rs 5.87 crore during the previous year ended March 2019. Sales rose 3.82% to Rs 584.76 crore in the year ended March 2020 as against Rs 563.24 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales165.48155.78 6 584.76563.24 4 OPM %15.885.03 -13.23-1.97 - PBDT27.288.71 213 78.17-1.63 LP PBT24.516.23 293 67.37-11.41 LP NP16.284.81 238 44.84-5.87 LP

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