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Birla Corporation consolidated net profit rises 51.91% in the March 2020 quarter

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Capital Market

Sales decline 9.76% to Rs 1689.97 crore

Net profit of Birla Corporation rose 51.91% to Rs 194.73 crore in the quarter ended March 2020 as against Rs 128.19 crore during the previous quarter ended March 2019. Sales declined 9.76% to Rs 1689.97 crore in the quarter ended March 2020 as against Rs 1872.76 crore during the previous quarter ended March 2019.

For the full year,net profit rose 97.58% to Rs 505.18 crore in the year ended March 2020 as against Rs 255.69 crore during the previous year ended March 2019. Sales rose 5.60% to Rs 6915.69 crore in the year ended March 2020 as against Rs 6548.73 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales1689.971872.76 -10 6915.696548.73 6 OPM %20.3916.53 -19.3214.49 - PBDT281.75244.37 15 1033.43656.56 57 PBT192.37161.47 19 681.52317.44 115 NP194.73128.19 52 505.18255.69 98

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First Published: May 22 2020 | 6:51 PM IST

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