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Tara Chand Logistic Solutions standalone net profit declines 13.33% in the March 2020 quarter

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Capital Market

Sales rise 42.20% to Rs 34.54 crore

Net profit of Tara Chand Logistic Solutions declined 13.33% to Rs 1.95 crore in the quarter ended March 2020 as against Rs 2.25 crore during the previous quarter ended March 2019. Sales rose 42.20% to Rs 34.54 crore in the quarter ended March 2020 as against Rs 24.29 crore during the previous quarter ended March 2019.

For the full year,net profit rose 67.79% to Rs 7.97 crore in the year ended March 2020 as against Rs 4.75 crore during the previous year ended March 2019. Sales rose 13.58% to Rs 114.68 crore in the year ended March 2020 as against Rs 100.97 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales34.5424.29 42 114.68100.97 14 OPM %29.6828.74 -30.6620.47 - PBDT7.875.46 44 27.7316.65 67 PBT2.432.81 -14 10.536.61 59 NP1.952.25 -13 7.974.75 68

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First Published: May 19 2020 | 4:11 PM IST

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