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Gujarat Alkalies & Chemicals consolidated net profit declines 93.25% in the March 2020 quarter

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Capital Market

Sales decline 24.24% to Rs 621.63 crore

Net profit of Gujarat Alkalies & Chemicals declined 93.25% to Rs 11.40 crore in the quarter ended March 2020 as against Rs 168.93 crore during the previous quarter ended March 2019. Sales declined 24.24% to Rs 621.63 crore in the quarter ended March 2020 as against Rs 820.55 crore during the previous quarter ended March 2019.

For the full year,net profit declined 51.88% to Rs 332.09 crore in the year ended March 2020 as against Rs 690.19 crore during the previous year ended March 2019. Sales declined 13.82% to Rs 2724.59 crore in the year ended March 2020 as against Rs 3161.38 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales621.63820.55 -24 2724.593161.38 -14 OPM %12.7733.31 -21.1835.27 - PBDT94.55283.56 -67 652.701156.22 -44 PBT46.91248.95 -81 490.871016.25 -52 NP11.40168.93 -93 332.09690.19 -52

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First Published: Jun 18 2020 | 2:47 PM IST

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