Renaissance Global consolidated net profit declines 8.42% in the March 2020 quarter

Capital Market 

Sales decline 36.36% to Rs 447.85 crore

Net profit of Renaissance Global declined 8.42% to Rs 5.33 crore in the quarter ended March 2020 as against Rs 5.82 crore during the previous quarter ended March 2019. Sales declined 36.36% to Rs 447.85 crore in the quarter ended March 2020 as against Rs 703.68 crore during the previous quarter ended March 2019.

For the full year,net profit rose 14.67% to Rs 87.99 crore in the year ended March 2020 as against Rs 76.73 crore during the previous year ended March 2019. Sales declined 3.43% to Rs 2501.85 crore in the year ended March 2020 as against Rs 2590.63 crore during the previous year ended March 2019. ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales447.85703.68 -36 2501.852590.63 -3 OPM %3.651.21 -6.324.69 - PBDT15.483.55 336 136.5898.83 38 PBT6.93-5.48 LP 105.5380.73 31 NP5.335.82 -8 87.9976.73 15

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First Published: Tue, June 30 2020. 16:22 IST