Phoenix Mills consolidated net profit declines 79.56% in the March 2020 quarter

Capital Market 

Sales decline 44.80% to Rs 399.24 crore

Net profit of Phoenix Mills declined 79.56% to Rs 46.69 crore in the quarter ended March 2020 as against Rs 228.41 crore during the previous quarter ended March 2019. Sales declined 44.80% to Rs 399.24 crore in the quarter ended March 2020 as against Rs 723.23 crore during the previous quarter ended March 2019.

For the full year,net profit declined 20.50% to Rs 334.73 crore in the year ended March 2020 as against Rs 421.02 crore during the previous year ended March 2019. Sales declined 2.04% to Rs 1941.14 crore in the year ended March 2020 as against Rs 1981.56 crore during the previous year ended March 2019. ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales399.24723.23 -45 1941.141981.56 -2 OPM %51.1852.15 -49.8250.12 - PBDT130.69327.48 -60 677.82727.69 -7 PBT76.14276.08 -72 470.20523.46 -10 NP46.69228.41 -80 334.73421.02 -20

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, June 30 2020. 13:47 IST