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Lumax Industries consolidated net profit rises 14.81% in the March 2020 quarter

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Capital Market

Sales decline 10.48% to Rs 387.29 crore

Net profit of Lumax Industries rose 14.81% to Rs 16.36 crore in the quarter ended March 2020 as against Rs 14.25 crore during the previous quarter ended March 2019. Sales declined 10.48% to Rs 387.29 crore in the quarter ended March 2020 as against Rs 432.65 crore during the previous quarter ended March 2019.

For the full year,net profit declined 30.73% to Rs 71.90 crore in the year ended March 2020 as against Rs 103.79 crore during the previous year ended March 2019. Sales declined 13.50% to Rs 1601.59 crore in the year ended March 2020 as against Rs 1851.45 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales387.29432.65 -10 1601.591851.45 -14 OPM %8.697.10 -9.858.27 - PBDT33.7337.46 -10 155.28158.37 -2 PBT17.3918.49 -6 91.7398.08 -6 NP16.3614.25 15 71.90103.79 -31

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First Published: Jun 18 2020 | 7:39 PM IST

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