Murugappa group's profit before tax increases 2.2% at Rs 4,106 cr in FY20

Manufacturing entities generated a free cash flow of Rs 1,903 crore as against negative Rs 30 crore

Murugappa Group posted a 2.2 increase in its profit before tax (PBT) for FY20 at Rs 4,106 crore, against Rs 4,019 crore PBT the previous year. 

Chennai-based group's manufacturing entities have generated a free cash flow of Rs 1,903 crore, against a negative Rs 30 crore a year ago, it said. The group reported a 3.3 per cent rise in its turnover to Rs 38,105 crore in FY20, from Rs 36,890 crore in the previous financial year. The market capitalisation of the listed companies of the group totals to Rs 46,683 crore as of March 31. The group has 28 businesses,