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Godrej Agrovet consolidated net profit declines 34.40% in the March 2020 quarter

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Capital Market

Sales rise 7.39% to Rs 1490.35 crore

Net profit of Godrej Agrovet declined 34.40% to Rs 74.58 crore in the quarter ended March 2020 as against Rs 113.69 crore during the previous quarter ended March 2019. Sales rose 7.39% to Rs 1490.35 crore in the quarter ended March 2020 as against Rs 1387.85 crore during the previous quarter ended March 2019.

For the full year,net profit declined 6.94% to Rs 306.19 crore in the year ended March 2020 as against Rs 329.04 crore during the previous year ended March 2019. Sales rose 15.54% to Rs 6815.77 crore in the year ended March 2020 as against Rs 5898.87 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales1490.351387.85 7 6815.775898.87 16 OPM %8.475.33 -7.177.73 - PBDT134.4377.14 74 506.62487.17 4 PBT95.9951.46 87 358.55389.00 -8 NP74.58113.69 -34 306.19329.04 -7

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First Published: May 11 2020 | 5:48 PM IST

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