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Gulshan Polyols standalone net profit declines 51.90% in the March 2020 quarter

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Capital Market

Sales decline 20.56% to Rs 135.02 crore

Net profit of Gulshan Polyols declined 51.90% to Rs 2.78 crore in the quarter ended March 2020 as against Rs 5.78 crore during the previous quarter ended March 2019. Sales declined 20.56% to Rs 135.02 crore in the quarter ended March 2020 as against Rs 169.96 crore during the previous quarter ended March 2019.

For the full year,net profit declined 3.97% to Rs 20.58 crore in the year ended March 2020 as against Rs 21.43 crore during the previous year ended March 2019. Sales declined 7.88% to Rs 620.80 crore in the year ended March 2020 as against Rs 673.89 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales135.02169.96 -21 620.80673.89 -8 OPM %10.3610.94 -11.0912.42 - PBDT11.4314.17 -19 58.4471.37 -18 PBT3.365.96 -44 27.4227.03 1 NP2.785.78 -52 20.5821.43 -4

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First Published: May 27 2020 | 8:09 AM IST

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