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AVI Polymers standalone net profit rises 100.00% in the March 2020 quarter

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Capital Market

Sales decline 40.00% to Rs 0.06 crore

Net profit of AVI Polymers rose 100.00% to Rs 0.02 crore in the quarter ended March 2020 as against Rs 0.01 crore during the previous quarter ended March 2019. Sales declined 40.00% to Rs 0.06 crore in the quarter ended March 2020 as against Rs 0.10 crore during the previous quarter ended March 2019.

For the full year,net profit rose 250.00% to Rs 0.07 crore in the year ended March 2020 as against Rs 0.02 crore during the previous year ended March 2019. Sales rose 237.04% to Rs 0.91 crore in the year ended March 2020 as against Rs 0.27 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales0.060.10 -40 0.910.27 237 OPM %-50.00-30.00 --1.10-48.15 - PBDT0.030.01 200 0.230.02 1050 PBT0.030.01 200 0.230.02 1050 NP0.020.01 100 0.070.02 250

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First Published: Jun 25 2020 | 7:00 PM IST

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