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RACL Geartech consolidated net profit rises 72.78% in the March 2020 quarter

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Capital Market

Sales decline 11.92% to Rs 47.74 crore

Net profit of RACL Geartech rose 72.78% to Rs 3.11 crore in the quarter ended March 2020 as against Rs 1.80 crore during the previous quarter ended March 2019. Sales declined 11.92% to Rs 47.74 crore in the quarter ended March 2020 as against Rs 54.20 crore during the previous quarter ended March 2019.

For the full year,net profit rose 73.69% to Rs 16.97 crore in the year ended March 2020 as against Rs 9.77 crore during the previous year ended March 2019. Sales rose 11.78% to Rs 212.33 crore in the year ended March 2020 as against Rs 189.95 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales47.7454.20 -12 212.33189.95 12 OPM %20.5318.78 -19.3616.16 - PBDT6.569.33 -30 33.1825.34 31 PBT2.377.16 -67 21.9117.34 26 NP3.111.80 73 16.979.77 74

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First Published: Jun 29 2020 | 6:21 PM IST

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