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Plastiblends India standalone net profit declines 45.73% in the June 2020 quarter

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Capital Market

Sales decline 40.78% to Rs 103.17 crore

Net profit of Plastiblends India declined 45.73% to Rs 6.23 crore in the quarter ended June 2020 as against Rs 11.48 crore during the previous quarter ended June 2019. Sales declined 40.78% to Rs 103.17 crore in the quarter ended June 2020 as against Rs 174.22 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales103.17174.22 -41 OPM %12.6111.70 -PBDT12.5519.51 -36 PBT8.6616.54 -48 NP6.2311.48 -46

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First Published: Jul 27 2020 | 6:17 PM IST

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