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Apar Industries consolidated net profit declines 46.64% in the March 2020 quarter

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Capital Market

Sales decline 26.21% to Rs 1800.88 crore

Net profit of Apar Industries declined 46.64% to Rs 23.33 crore in the quarter ended March 2020 as against Rs 43.72 crore during the previous quarter ended March 2019. Sales declined 26.21% to Rs 1800.88 crore in the quarter ended March 2020 as against Rs 2440.60 crore during the previous quarter ended March 2019.

For the full year,net profit declined 0.67% to Rs 135.15 crore in the year ended March 2020 as against Rs 136.06 crore during the previous year ended March 2019. Sales declined 6.34% to Rs 7403.95 crore in the year ended March 2020 as against Rs 7905.51 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales1800.882440.60 -26 7403.957905.51 -6 OPM %5.895.54 -6.435.92 - PBDT55.6488.08 -37 256.53282.89 -9 PBT32.5770.45 -54 169.41216.22 -22 NP23.3343.72 -47 135.15136.06 -1

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First Published: Jun 25 2020 | 2:24 PM IST

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