Globalspace Technologies consolidated net profit rises 636.36% in the March 2020 quarter

Capital Market 

Sales rise 184.51% to Rs 8.45 crore

Net profit of Globalspace Technologies rose 636.36% to Rs 5.67 crore in the quarter ended March 2020 as against Rs 0.77 crore during the previous quarter ended March 2019. Sales rose 184.51% to Rs 8.45 crore in the quarter ended March 2020 as against Rs 2.97 crore during the previous quarter ended March 2019.

For the full year,net profit rose 155.37% to Rs 3.09 crore in the year ended March 2020 as against Rs 1.21 crore during the previous year ended March 2019. Sales rose 68.90% to Rs 25.91 crore in the year ended March 2020 as against Rs 15.34 crore during the previous year ended March 2019. ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales8.452.97 185 25.9115.34 69 OPM %76.3334.68 -25.4041.26 - PBDT6.160.86 616 5.112.86 79 PBT6.420.66 873 4.242.06 106 NP5.670.77 636 3.091.21 155

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First Published: Thu, June 25 2020. 08:10 IST