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WABCO India standalone net profit declines 39.54% in the March 2020 quarter

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Capital Market

Sales decline 38.93% to Rs 404.85 crore

Net profit of WABCO India declined 39.54% to Rs 31.50 crore in the quarter ended March 2020 as against Rs 52.10 crore during the previous quarter ended March 2019. Sales declined 38.93% to Rs 404.85 crore in the quarter ended March 2020 as against Rs 662.90 crore during the previous quarter ended March 2019.

For the full year,net profit declined 43.72% to Rs 158.81 crore in the year ended March 2020 as against Rs 282.17 crore during the previous year ended March 2019. Sales declined 32.39% to Rs 1929.56 crore in the year ended March 2020 as against Rs 2854.14 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales404.85662.90 -39 1929.562854.14 -32 OPM %12.7712.88 -13.0314.36 - PBDT69.2098.58 -30 313.45482.35 -35 PBT44.5177.90 -43 223.34410.91 -46 NP31.5052.10 -40 158.81282.17 -44

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First Published: May 22 2020 | 6:57 PM IST

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