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Resonance Specialities standalone net profit declines 44.04% in the March 2020 quarter

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Capital Market

Sales decline 24.07% to Rs 11.89 crore

Net profit of Resonance Specialities declined 44.04% to Rs 1.22 crore in the quarter ended March 2020 as against Rs 2.18 crore during the previous quarter ended March 2019. Sales declined 24.07% to Rs 11.89 crore in the quarter ended March 2020 as against Rs 15.66 crore during the previous quarter ended March 2019.

For the full year,net profit rose 72.19% to Rs 5.51 crore in the year ended March 2020 as against Rs 3.20 crore during the previous year ended March 2019. Sales rose 35.00% to Rs 56.20 crore in the year ended March 2020 as against Rs 41.63 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales11.8915.66 -24 56.2041.63 35 OPM %9.7621.33 -13.8111.75 - PBDT1.673.94 -58 9.305.74 62 PBT1.433.72 -62 8.384.83 73 NP1.222.18 -44 5.513.20 72

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First Published: Jul 21 2020 | 5:55 PM IST

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