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Ponni Sugars (Erode) standalone net profit declines 92.24% in the December 2020 quarter

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Capital Market

Sales decline 23.07% to Rs 54.62 crore

Net profit of Ponni Sugars (Erode) declined 92.24% to Rs 0.64 crore in the quarter ended December 2020 as against Rs 8.25 crore during the previous quarter ended December 2019. Sales declined 23.07% to Rs 54.62 crore in the quarter ended December 2020 as against Rs 71.00 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales54.6271.00 -23 OPM %3.0210.11 -PBDT2.186.87 -68 PBT0.675.14 -87 NP0.648.25 -92

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First Published: Feb 08 2021 | 5:50 PM IST

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