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Astron Paper & Board Mill consolidated net profit declines 57.12% in the March 2020 quarter

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Capital Market

Sales rise 7.87% to Rs 100.15 crore

Net profit of Astron Paper & Board Mill declined 57.12% to Rs 2.83 crore in the quarter ended March 2020 as against Rs 6.60 crore during the previous quarter ended March 2019. Sales rose 7.87% to Rs 100.15 crore in the quarter ended March 2020 as against Rs 92.84 crore during the previous quarter ended March 2019.

For the full year,net profit declined 51.38% to Rs 13.42 crore in the year ended March 2020 as against Rs 27.60 crore during the previous year ended March 2019. Sales declined 4.03% to Rs 358.90 crore in the year ended March 2020 as against Rs 373.98 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales100.1592.84 8 358.90373.98 -4 OPM %10.7713.93 -10.0314.19 - PBDT7.8211.05 -29 26.0243.64 -40 PBT6.679.13 -27 19.8038.19 -48 NP2.836.60 -57 13.4227.60 -51

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First Published: Jun 19 2020 | 2:24 PM IST

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