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Eimco Elecon (India) consolidated net profit declines 84.97% in the March 2020 quarter

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Capital Market

Sales decline 45.12% to Rs 31.70 crore

Net profit of Eimco Elecon (India) declined 84.97% to Rs 1.18 crore in the quarter ended March 2020 as against Rs 7.85 crore during the previous quarter ended March 2019. Sales declined 45.12% to Rs 31.70 crore in the quarter ended March 2020 as against Rs 57.76 crore during the previous quarter ended March 2019.

For the full year,net profit declined 59.04% to Rs 9.49 crore in the year ended March 2020 as against Rs 23.17 crore during the previous year ended March 2019. Sales declined 41.59% to Rs 107.91 crore in the year ended March 2020 as against Rs 184.73 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales31.7057.76 -45 107.91184.73 -42 OPM %-1.8614.30 -5.4213.65 - PBDT1.9411.80 -84 16.1235.35 -54 PBT0.3210.56 -97 10.2830.37 -66 NP1.187.85 -85 9.4923.17 -59

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

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