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Gujarat Ambuja Exports standalone net profit rises 72.80% in the March 2020 quarter

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Capital Market

Sales decline 28.92% to Rs 898.16 crore

Net profit of Gujarat Ambuja Exports rose 72.80% to Rs 54.45 crore in the quarter ended March 2020 as against Rs 31.51 crore during the previous quarter ended March 2019. Sales declined 28.92% to Rs 898.16 crore in the quarter ended March 2020 as against Rs 1263.51 crore during the previous quarter ended March 2019.

For the full year,net profit declined 26.40% to Rs 145.84 crore in the year ended March 2020 as against Rs 198.15 crore during the previous year ended March 2019. Sales declined 5.09% to Rs 3816.59 crore in the year ended March 2020 as against Rs 4021.44 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales898.161263.51 -29 3816.594021.44 -5 OPM %8.935.08 -7.389.26 - PBDT81.8265.25 25 282.13365.20 -23 PBT57.0541.88 36 181.35269.55 -33 NP54.4531.51 73 145.84198.15 -26

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First Published: May 23 2020 | 3:59 PM IST

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