Virgo Polymers (India) standalone net profit declines 28.57% in the March 2020 quarter

Sales decline 38.69% to Rs 14.28 crore

Net profit of Virgo Polymers (India) declined 28.57% to Rs 0.05 crore in the quarter ended March 2020 as against Rs 0.07 crore during the previous quarter ended March 2019. Sales declined 38.69% to Rs 14.28 crore in the quarter ended March 2020 as against Rs 23.29 crore during the previous quarter ended March 2019.

For the full year,net profit declined 83.72% to Rs 0.28 crore in the year ended March 2020 as against Rs 1.72 crore during the previous year ended March 2019. Sales declined 23.86% to Rs 83.33 crore in the year ended March 2020 as against Rs 109.44 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales14.2823.29 -39 83.33109.44 -24 OPM %4.345.50 -4.003.81 - PBDT0.210.42 -50 1.223.28 -63 PBT-0.020.19 PL 0.322.37 -86 NP0.050.07 -29 0.281.72 -84

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