Sales decline 26.63% to Rs 18.51 crore
Net profit of Tips Industries declined 56.63% to Rs 0.36 crore in the quarter ended March 2020 as against Rs 0.83 crore during the previous quarter ended March 2019. Sales declined 26.63% to Rs 18.51 crore in the quarter ended March 2020 as against Rs 25.23 crore during the previous quarter ended March 2019.For the full year,net profit rose 297.89% to Rs 11.34 crore in the year ended March 2020 as against Rs 2.85 crore during the previous year ended March 2019. Sales declined 55.23% to Rs 90.99 crore in the year ended March 2020 as against Rs 203.24 crore during the previous year ended March 2019. ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales18.5125.23 -27 90.99203.24 -55 OPM %4.7557.04 -29.2982.91 - PBDT1.7414.96 -88 44.20170.79 -74 PBT0.794.74 -83 14.367.30 97 NP0.360.83 -57 11.342.85 298
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