NOCIL consolidated net profit declines 39.57% in the March 2020 quarter

Capital Market 

Sales decline 11.97% to Rs 212.66 crore

Net profit of NOCIL declined 39.57% to Rs 21.87 crore in the quarter ended March 2020 as against Rs 36.19 crore during the previous quarter ended March 2019. Sales declined 11.97% to Rs 212.66 crore in the quarter ended March 2020 as against Rs 241.58 crore during the previous quarter ended March 2019.

For the full year,net profit declined 29.31% to Rs 130.67 crore in the year ended March 2020 as against Rs 184.85 crore during the previous year ended March 2019. Sales declined 18.85% to Rs 846.29 crore in the year ended March 2020 as against Rs 1042.90 crore during the previous year ended March 2019. ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales212.66241.58 -12 846.291042.90 -19 OPM %17.2124.80 -21.0628.07 - PBDT39.3762.12 -37 186.08302.05 -38 PBT29.8955.42 -46 152.34277.74 -45 NP21.8736.19 -40 130.67184.85 -29

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First Published: Tue, June 30 2020. 15:09 IST