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Pennar Industries standalone net profit declines 57.81% in the March 2019 quarter

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Capital Market

Sales rise 17.52% to Rs 590.60 crore

Net profit of Pennar Industries declined 57.81% to Rs 23.56 crore in the quarter ended March 2019 as against Rs 55.84 crore during the previous quarter ended March 2018. Sales rose 17.52% to Rs 590.60 crore in the quarter ended March 2019 as against Rs 502.57 crore during the previous quarter ended March 2018.

For the full year,net profit declined 31.18% to Rs 64.04 crore in the year ended March 2019 as against Rs 93.05 crore during the previous year ended March 2018. Sales rose 20.93% to Rs 2116.12 crore in the year ended March 2019 as against Rs 1749.82 crore during the previous year ended March 2018.

 
ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales590.60502.57 18 2116.121749.82 21 OPM %9.9915.05 -8.0610.60 - PBDT40.8266.01 -38 121.38140.99 -14 PBT32.9057.46 -43 93.51118.10 -21 NP23.5655.84 -58 64.0493.05 -31

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First Published: May 28 2019 | 11:19 AM IST

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