ITL Industries consolidated net profit declines 39.13% in the March 2020 quarter

Capital Market 

Sales decline 36.06% to Rs 20.82 crore

Net profit of ITL Industries declined 39.13% to Rs 1.26 crore in the quarter ended March 2020 as against Rs 2.07 crore during the previous quarter ended March 2019. Sales declined 36.06% to Rs 20.82 crore in the quarter ended March 2020 as against Rs 32.56 crore during the previous quarter ended March 2019.

For the full year,net profit declined 34.43% to Rs 4.40 crore in the year ended March 2020 as against Rs 6.71 crore during the previous year ended March 2019. Sales declined 22.16% to Rs 79.26 crore in the year ended March 2020 as against Rs 101.82 crore during the previous year ended March 2019. ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales20.8232.56 -36 79.26101.82 -22 OPM %10.769.92 -10.1610.19 - PBDT2.473.38 -27 7.509.83 -24 PBT2.222.86 -22 6.168.47 -27 NP1.262.07 -39 4.406.71 -34

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First Published: Fri, July 24 2020. 07:46 IST