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Vesuvius India standalone net profit declines 28.46% in the December 2020 quarter

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Capital Market

Sales rise 2.86% to Rs 233.51 crore

Net profit of Vesuvius India declined 28.46% to Rs 16.24 crore in the quarter ended December 2020 as against Rs 22.70 crore during the previous quarter ended December 2019. Sales rose 2.86% to Rs 233.51 crore in the quarter ended December 2020 as against Rs 227.01 crore during the previous quarter ended December 2019.

For the full year,net profit declined 37.99% to Rs 53.05 crore in the year ended December 2020 as against Rs 85.55 crore during the previous year ended December 2019. Sales declined 10.91% to Rs 787.31 crore in the year ended December 2020 as against Rs 883.76 crore during the previous year ended December 2019.

 
ParticularsQuarter EndedYear EndedDec. 2020Dec. 2019% Var.Dec. 2020Dec. 2019% Var.Sales233.51227.01 3 787.31883.76 -11 OPM %10.6913.42 -9.7613.66 - PBDT29.2836.79 -20 97.79149.96 -35 PBT22.1930.59 -27 71.55123.41 -42 NP16.2422.70 -28 53.0585.55 -38

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First Published: Feb 26 2021 | 8:04 AM IST

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