Madhav Marbles and Granites standalone net profit rises 89.61% in the March 2020 quarter

Sales decline 4.34% to Rs 16.33 crore

Net profit of Madhav Marbles and Granites rose 89.61% to Rs 1.46 crore in the quarter ended March 2020 as against Rs 0.77 crore during the previous quarter ended March 2019. Sales declined 4.34% to Rs 16.33 crore in the quarter ended March 2020 as against Rs 17.07 crore during the previous quarter ended March 2019.

For the full year,net profit declined 52.71% to Rs 2.18 crore in the year ended March 2020 as against Rs 4.61 crore during the previous year ended March 2019. Sales declined 21.86% to Rs 60.28 crore in the year ended March 2020 as against Rs 77.14 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales16.3317.07 -4 60.2877.14 -22 OPM %9.869.96 -4.069.31 - PBDT3.502.44 43 8.0710.77 -25 PBT2.271.17 94 3.186.01 -47 NP1.460.77 90 2.184.61 -53

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