Lloyds Metals & Energy standalone net profit rises 171.61% in the March 2020 quarter

Sales decline 20.26% to Rs 103.99 crore

Net profit of Lloyds Metals & Energy rose 171.61% to Rs 21.24 crore in the quarter ended March 2020 as against Rs 7.82 crore during the previous quarter ended March 2019. Sales declined 20.26% to Rs 103.99 crore in the quarter ended March 2020 as against Rs 130.41 crore during the previous quarter ended March 2019.

For the full year,net profit rose 54.29% to Rs 31.83 crore in the year ended March 2020 as against Rs 20.63 crore during the previous year ended March 2019. Sales declined 22.11% to Rs 371.74 crore in the year ended March 2020 as against Rs 477.28 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales103.99130.41 -20 371.74477.28 -22 OPM %3.52-3.08 -5.683.30 - PBDT7.1111.58 -39 30.6535.71 -14 PBT2.517.82 -68 13.1020.63 -37 NP21.247.82 172 31.8320.63 54

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