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PB Global standalone net profit declines 50.34% in the March 2020 quarter

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Capital Market

Sales decline 33.82% to Rs 132.31 crore

Net profit of PB Global declined 50.34% to Rs 1.44 crore in the quarter ended March 2020 as against Rs 2.90 crore during the previous quarter ended March 2019. Sales declined 33.82% to Rs 132.31 crore in the quarter ended March 2020 as against Rs 199.93 crore during the previous quarter ended March 2019.

For the full year,net profit declined 12.41% to Rs 3.67 crore in the year ended March 2020 as against Rs 4.19 crore during the previous year ended March 2019. Sales declined 15.40% to Rs 521.39 crore in the year ended March 2020 as against Rs 616.31 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales132.31199.93 -34 521.39616.31 -15 OPM %2.272.43 -2.081.95 - PBDT1.963.71 -47 5.245.86 -11 PBT1.863.57 -48 4.845.50 -12 NP1.442.90 -50 3.674.19 -12

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First Published: Sep 16 2020 | 5:31 PM IST

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