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Gujarat Sidhee Cement standalone net profit rises 210.42% in the March 2020 quarter

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Capital Market

Sales rise 6.32% to Rs 165.48 crore

Net profit of Gujarat Sidhee Cement rose 210.42% to Rs 14.90 crore in the quarter ended March 2020 as against Rs 4.80 crore during the previous quarter ended March 2019. Sales rose 6.32% to Rs 165.48 crore in the quarter ended March 2020 as against Rs 155.65 crore during the previous quarter ended March 2019.

For the full year,net profit reported to Rs 42.41 crore in the year ended March 2020 as against net loss of Rs 6.97 crore during the previous year ended March 2019. Sales rose 3.86% to Rs 584.76 crore in the year ended March 2020 as against Rs 563.01 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales165.48155.65 6 584.76563.01 4 OPM %15.894.95 -13.23-2.01 - PBDT25.888.69 198 75.68-2.76 LP PBT23.116.21 272 64.88-12.55 LP NP14.904.80 210 42.41-6.97 LP

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First Published: May 19 2020 | 4:41 PM IST

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