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NBI Industrial Finance Company standalone net profit rises 420.67% in the March 2020 quarter

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Capital Market

Sales rise 317.28% to Rs 10.14 crore

Net profit of NBI Industrial Finance Company rose 420.67% to Rs 9.32 crore in the quarter ended March 2020 as against Rs 1.79 crore during the previous quarter ended March 2019. Sales rose 317.28% to Rs 10.14 crore in the quarter ended March 2020 as against Rs 2.43 crore during the previous quarter ended March 2019.

For the full year,net profit rose 204.94% to Rs 12.96 crore in the year ended March 2020 as against Rs 4.25 crore during the previous year ended March 2019. Sales rose 128.62% to Rs 14.38 crore in the year ended March 2020 as against Rs 6.29 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales10.142.43 317 14.386.29 129 OPM %92.1166.67 -89.9969.79 - PBDT9.341.62 477 12.944.39 195 PBT9.341.62 477 12.944.39 195 NP9.321.79 421 12.964.25 205

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First Published: Jul 10 2020 | 6:22 PM IST

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