Motherson Sumi Systems standalone net profit declines 12.84% in the March 2019 quarter

Capital Market 

Sales decline 12.70% to Rs 1805.40 crore

Net profit of declined 12.84% to Rs 210.79 crore in the quarter ended March 2019 as against Rs 241.83 crore during the previous quarter ended March 2018. Sales declined 12.70% to Rs 1805.40 crore in the quarter ended March 2019 as against Rs 2068.12 crore during the previous quarter ended March 2018.

For the full year,net profit declined 7.43% to Rs 813.77 crore in the year ended March 2019 as against Rs 879.13 crore during the previous year ended March 2018. Sales rose 1.20% to Rs 7395.86 crore in the year ended March 2019 as against Rs 7308.33 crore during the previous year ended March 2018. ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales1805.402068.12 -13 7395.867308.33 1 OPM %18.6118.89 -17.2118.22 - PBDT374.99379.20 -1 1441.661428.96 1 PBT320.00326.12 -2 1222.401210.66 1 NP210.79241.83 -13 813.77879.13 -7

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First Published: Mon, May 27 2019. 13:41 IST