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Ranjeet Mechatronics standalone net profit declines 58.75% in the March 2020 quarter

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Capital Market

Sales rise 1.30% to Rs 24.20 crore

Net profit of Ranjeet Mechatronics declined 58.75% to Rs 0.33 crore in the quarter ended March 2020 as against Rs 0.80 crore during the previous quarter ended March 2019. Sales rose 1.30% to Rs 24.20 crore in the quarter ended March 2020 as against Rs 23.89 crore during the previous quarter ended March 2019.

For the full year,net profit declined 42.86% to Rs 0.68 crore in the year ended March 2020 as against Rs 1.19 crore during the previous year ended March 2019. Sales rose 6.50% to Rs 34.91 crore in the year ended March 2020 as against Rs 32.78 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales24.2023.89 1 34.9132.78 7 OPM %6.288.37 -8.3610.95 - PBDT0.611.29 -53 1.232.05 -40 PBT0.461.08 -57 0.931.61 -42 NP0.330.80 -59 0.681.19 -43

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First Published: Jun 29 2020 | 3:37 PM IST

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