Virinchi standalone net profit declines 91.49% in the March 2020 quarter

Sales decline 26.44% to Rs 32.78 crore

Net profit of Virinchi declined 91.49% to Rs 0.56 crore in the quarter ended March 2020 as against Rs 6.58 crore during the previous quarter ended March 2019. Sales declined 26.44% to Rs 32.78 crore in the quarter ended March 2020 as against Rs 44.56 crore during the previous quarter ended March 2019.

For the full year,net profit declined 21.55% to Rs 16.85 crore in the year ended March 2020 as against Rs 21.48 crore during the previous year ended March 2019. Sales declined 17.93% to Rs 139.70 crore in the year ended March 2020 as against Rs 170.22 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales32.7844.56 -26 139.70170.22 -18 OPM %22.1228.88 -31.1533.06 - PBDT6.1010.97 -44 38.1749.94 -24 PBT2.266.09 -63 22.6529.33 -23 NP0.566.58 -91 16.8521.48 -22

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