Veljan Denison standalone net profit declines 24.82% in the March 2020 quarter

Sales decline 28.76% to Rs 20.58 crore

Net profit of Veljan Denison declined 24.82% to Rs 4.21 crore in the quarter ended March 2020 as against Rs 5.60 crore during the previous quarter ended March 2019. Sales declined 28.76% to Rs 20.58 crore in the quarter ended March 2020 as against Rs 28.89 crore during the previous quarter ended March 2019.

For the full year,net profit declined 17.70% to Rs 13.44 crore in the year ended March 2020 as against Rs 16.33 crore during the previous year ended March 2019. Sales declined 5.39% to Rs 82.79 crore in the year ended March 2020 as against Rs 87.51 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales20.5828.89 -29 82.7987.51 -5 OPM %28.4729.11 -26.0729.81 - PBDT6.258.19 -24 22.0425.89 -15 PBT5.207.34 -29 18.1222.66 -20 NP4.215.60 -25 13.4416.33 -18

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