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InfoBeans Technologies consolidated net profit declines 4.09% in the March 2020 quarter

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Capital Market

Sales rise 70.83% to Rs 45.15 crore

Net profit of InfoBeans Technologies declined 4.09% to Rs 1.64 crore in the quarter ended March 2020 as against Rs 1.71 crore during the previous quarter ended March 2019. Sales rose 70.83% to Rs 45.15 crore in the quarter ended March 2020 as against Rs 26.43 crore during the previous quarter ended March 2019.

For the full year,net profit rose 12.01% to Rs 21.17 crore in the year ended March 2020 as against Rs 18.90 crore during the previous year ended March 2019. Sales rose 35.54% to Rs 156.58 crore in the year ended March 2020 as against Rs 115.52 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales45.1526.43 71 156.58115.52 36 OPM %14.377.00 -18.5817.00 - PBDT8.123.53 130 35.2524.56 44 PBT3.442.87 20 25.6522.03 16 NP1.641.71 -4 21.1718.90 12

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First Published: May 18 2020 | 12:39 PM IST

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