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Igarashi Motors India standalone net profit declines 69.39% in the March 2020 quarter

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Capital Market

Sales decline 16.92% to Rs 118.12 crore

Net profit of Igarashi Motors India declined 69.39% to Rs 2.17 crore in the quarter ended March 2020 as against Rs 7.09 crore during the previous quarter ended March 2019. Sales declined 16.92% to Rs 118.12 crore in the quarter ended March 2020 as against Rs 142.17 crore during the previous quarter ended March 2019.

For the full year,net profit declined 47.90% to Rs 29.91 crore in the year ended March 2020 as against Rs 57.41 crore during the previous year ended March 2019. Sales declined 11.84% to Rs 534.39 crore in the year ended March 2020 as against Rs 606.16 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales118.12142.17 -17 534.39606.16 -12 OPM %11.2314.38 -14.4919.07 - PBDT10.5719.89 -47 75.00125.85 -40 PBT0.0910.66 -99 32.4685.92 -62 NP2.177.09 -69 29.9157.41 -48

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First Published: Jun 04 2020 | 3:18 PM IST

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