Olectra Greentech reports consolidated net profit of Rs 17.39 crore in the March 2020 quarter

Sales rise 38.47% to Rs 70.44 crore

Net profit of Olectra Greentech reported to Rs 17.39 crore in the quarter ended March 2020 as against net loss of Rs 2.12 crore during the previous quarter ended March 2019. Sales rose 38.47% to Rs 70.44 crore in the quarter ended March 2020 as against Rs 50.87 crore during the previous quarter ended March 2019.

For the full year,net profit reported to Rs 13.53 crore in the year ended March 2020 as against net loss of Rs 15.81 crore during the previous year ended March 2019. Sales rose 17.88% to Rs 200.52 crore in the year ended March 2020 as against Rs 170.11 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales70.4450.87 38 200.52170.11 18 OPM %-2.36-12.52 -2.51-8.92 - PBDT1.14-2.09 LP 15.46-15.26 LP PBT-2.10-4.33 52 -2.06-22.04 91 NP17.39-2.12 LP 13.53-15.81 LP

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