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Arvind SmartSpaces consolidated net profit declines 74.09% in the December 2020 quarter

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Capital Market

Sales decline 52.83% to Rs 44.45 crore

Net profit of Arvind SmartSpaces declined 74.09% to Rs 5.04 crore in the quarter ended December 2020 as against Rs 19.45 crore during the previous quarter ended December 2019. Sales declined 52.83% to Rs 44.45 crore in the quarter ended December 2020 as against Rs 94.24 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales44.4594.24 -53 OPM %32.4941.52 -PBDT7.9433.38 -76 PBT7.6933.11 -77 NP5.0419.45 -74

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First Published: Jan 28 2021 | 4:01 PM IST

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