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Geecee Ventures consolidated net profit declines 54.57% in the March 2020 quarter

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Capital Market

Sales decline 88.97% to Rs 6.33 crore

Net profit of Geecee Ventures declined 54.57% to Rs 2.93 crore in the quarter ended March 2020 as against Rs 6.45 crore during the previous quarter ended March 2019. Sales declined 88.97% to Rs 6.33 crore in the quarter ended March 2020 as against Rs 57.41 crore during the previous quarter ended March 2019.

For the full year,net profit declined 55.54% to Rs 16.10 crore in the year ended March 2020 as against Rs 36.21 crore during the previous year ended March 2019. Sales declined 70.23% to Rs 44.81 crore in the year ended March 2020 as against Rs 150.51 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales6.3357.41 -89 44.81150.51 -70 OPM %47.3914.93 -46.8927.47 - PBDT3.548.72 -59 22.0347.36 -53 PBT3.018.22 -63 19.8745.38 -56 NP2.936.45 -55 16.1036.21 -56

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First Published: Jun 18 2020 | 7:39 PM IST

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