National Plastic Industries standalone net profit declines 70.97% in the March 2020 quarter

Capital Market 

Sales decline 14.98% to Rs 33.08 crore

Net profit of National Plastic Industries declined 70.97% to Rs 0.09 crore in the quarter ended March 2020 as against Rs 0.31 crore during the previous quarter ended March 2019. Sales declined 14.98% to Rs 33.08 crore in the quarter ended March 2020 as against Rs 38.91 crore during the previous quarter ended March 2019.

For the full year,net profit declined 5.38% to Rs 2.11 crore in the year ended March 2020 as against Rs 2.23 crore during the previous year ended March 2019. Sales rose 2.32% to Rs 114.19 crore in the year ended March 2020 as against Rs 111.60 crore during the previous year ended March 2019. ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales33.0838.91 -15 114.19111.60 2 OPM %-0.126.84 -5.097.23 - PBDT0.332.21 -85 4.516.30 -28 PBT-0.391.54 PL 1.633.46 -53 NP0.090.31 -71 2.112.23 -5

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First Published: Tue, June 30 2020. 18:37 IST