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Jindal Saw consolidated net profit declines 93.71% in the March 2020 quarter

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Capital Market

Sales decline 15.61% to Rs 2901.02 crore

Net profit of Jindal Saw declined 93.71% to Rs 32.79 crore in the quarter ended March 2020 as against Rs 521.32 crore during the previous quarter ended March 2019. Sales declined 15.61% to Rs 2901.02 crore in the quarter ended March 2020 as against Rs 3437.58 crore during the previous quarter ended March 2019.

For the full year,net profit declined 34.75% to Rs 554.74 crore in the year ended March 2020 as against Rs 850.16 crore during the previous year ended March 2019. Sales declined 4.04% to Rs 11627.04 crore in the year ended March 2020 as against Rs 12117.00 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales2901.023437.58 -16 11627.0412117.00 -4 OPM %13.5411.60 -12.9812.07 - PBDT261.83293.51 -11 1000.32993.71 1 PBT143.28193.82 -26 578.65597.43 -3 NP32.79521.32 -94 554.74850.16 -35

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First Published: Jun 27 2020 | 2:04 PM IST

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