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Power Mech Projects consolidated net profit declines 10.26% in the March 2020 quarter

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Capital Market

Sales decline 9.23% to Rs 594.56 crore

Net profit of Power Mech Projects declined 10.26% to Rs 31.40 crore in the quarter ended March 2020 as against Rs 34.99 crore during the previous quarter ended March 2019. Sales declined 9.23% to Rs 594.56 crore in the quarter ended March 2020 as against Rs 654.99 crore during the previous quarter ended March 2019.

For the full year,net profit rose 7.97% to Rs 131.33 crore in the year ended March 2020 as against Rs 121.64 crore during the previous year ended March 2019. Sales declined 4.27% to Rs 2164.68 crore in the year ended March 2020 as against Rs 2261.30 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales594.56654.99 -9 2164.682261.30 -4 OPM %10.9512.75 -12.5112.86 - PBDT45.7671.10 -36 207.62251.37 -17 PBT36.3260.21 -40 168.20205.57 -18 NP31.4034.99 -10 131.33121.64 8

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First Published: Jun 27 2020 | 8:05 PM IST

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