Lancer Containers Lines standalone net profit rises 334.48% in the March 2020 quarter

Sales rise 16.64% to Rs 79.00 crore

Net profit of Lancer Containers Lines rose 334.48% to Rs 2.52 crore in the quarter ended March 2020 as against Rs 0.58 crore during the previous quarter ended March 2019. Sales rose 16.64% to Rs 79.00 crore in the quarter ended March 2020 as against Rs 67.73 crore during the previous quarter ended March 2019.

For the full year,net profit declined 2.55% to Rs 8.01 crore in the year ended March 2020 as against Rs 8.22 crore during the previous year ended March 2019. Sales rose 34.37% to Rs 265.26 crore in the year ended March 2020 as against Rs 197.41 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales79.0067.73 17 265.26197.41 34 OPM %6.915.77 -8.4210.39 - PBDT5.153.26 58 20.0918.68 8 PBT1.951.13 73 10.8511.69 -7 NP2.520.58 334 8.018.22 -3

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