Monarch Networth Capital consolidated net profit declines 83.33% in the March 2020 quarter

Sales rise 19.94% to Rs 18.53 crore

Net profit of Monarch Networth Capital declined 83.33% to Rs 0.57 crore in the quarter ended March 2020 as against Rs 3.42 crore during the previous quarter ended March 2019. Sales rose 19.94% to Rs 18.53 crore in the quarter ended March 2020 as against Rs 15.45 crore during the previous quarter ended March 2019.

For the full year,net profit declined 82.76% to Rs 2.25 crore in the year ended March 2020 as against Rs 13.05 crore during the previous year ended March 2019. Sales declined 6.39% to Rs 64.89 crore in the year ended March 2020 as against Rs 69.32 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales18.5315.45 20 64.8969.32 -6 OPM %6.4812.30 -10.4218.35 - PBDT1.122.97 -62 4.4514.86 -70 PBT0.902.70 -67 3.5713.92 -74 NP0.573.42 -83 2.2513.05 -83

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