Manaksia consolidated net profit declines 45.51% in the March 2020 quarter

Sales decline 17.90% to Rs 226.45 crore

Net profit of Manaksia declined 45.51% to Rs 15.40 crore in the quarter ended March 2020 as against Rs 28.26 crore during the previous quarter ended March 2019. Sales declined 17.90% to Rs 226.45 crore in the quarter ended March 2020 as against Rs 275.83 crore during the previous quarter ended March 2019.

For the full year,net profit declined 19.86% to Rs 58.60 crore in the year ended March 2020 as against Rs 73.12 crore during the previous year ended March 2019. Sales declined 13.55% to Rs 856.09 crore in the year ended March 2020 as against Rs 990.25 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales226.45275.83 -18 856.09990.25 -14 OPM %9.656.66 -8.438.54 - PBDT29.1338.73 -25 129.43140.59 -8 PBT19.6727.74 -29 87.6596.72 -9 NP15.4028.26 -46 58.6073.12 -20

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