Hindustan Composites consolidated net profit declines 65.83% in the March 2020 quarter

Sales decline 17.32% to Rs 41.57 crore

Net profit of Hindustan Composites declined 65.83% to Rs 2.32 crore in the quarter ended March 2020 as against Rs 6.79 crore during the previous quarter ended March 2019. Sales declined 17.32% to Rs 41.57 crore in the quarter ended March 2020 as against Rs 50.28 crore during the previous quarter ended March 2019.

For the full year,net profit declined 40.34% to Rs 10.47 crore in the year ended March 2020 as against Rs 17.55 crore during the previous year ended March 2019. Sales declined 9.44% to Rs 178.05 crore in the year ended March 2020 as against Rs 196.61 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales41.5750.28 -17 178.05196.61 -9 OPM %10.1312.67 -10.1011.99 - PBDT4.228.01 -47 18.2525.53 -29 PBT1.795.72 -69 8.7516.78 -48 NP2.326.79 -66 10.4717.55 -40

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