Sales decline 26.50% to Rs 387.07 crore
Net loss of Steel Strips Wheels reported to Rs 5.25 crore in the quarter ended March 2020 as against net profit of Rs 19.92 crore during the previous quarter ended March 2019. Sales declined 26.50% to Rs 387.07 crore in the quarter ended March 2020 as against Rs 526.65 crore during the previous quarter ended March 2019.For the full year,net profit declined 71.53% to Rs 23.45 crore in the year ended March 2020 as against Rs 82.36 crore during the previous year ended March 2019. Sales declined 23.41% to Rs 1563.34 crore in the year ended March 2020 as against Rs 2041.19 crore during the previous year ended March 2019.
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales387.07526.65 -27 1563.342041.19 -23 OPM %8.1110.74 -10.9512.05 - PBDT16.8840.94 -59 104.64170.81 -39 PBT-1.2825.62 PL 32.70108.89 -70 NP-5.2519.92 PL 23.4582.36 -72
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
