Hitech Corporation reports standalone net profit of Rs 0.29 crore in the March 2020 quarter

Sales rise 5.50% to Rs 109.14 crore

Jun 16, 2020 07:06 IST capital market

Net profit of Hitech Corporation reported to Rs 0.29 crore in the quarter ended March 2020 as against net loss of Rs 0.37 crore during the previous quarter ended March 2019. Sales rose 5.50% to Rs 109.14 crore in the quarter ended March 2020 as against Rs 103.45 crore during the previous quarter ended March 2019.

For the full year,net profit declined 85.61% to Rs 2.36 crore in the year ended March 2020 as against Rs 16.40 crore during the previous year ended March 2019. Sales declined 0.39% to Rs 460.09 crore in the year ended March 2020 as against Rs 461.90 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear Ended
?Mar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.
Sales109.14103.45 6 460.09461.90 0
OPM %12.3211.00 -12.9911.16 -
PBDT8.275.86 41 36.7732.14 14
PBT0.46-0.37 LP 6.8010.71 -37
NP0.29-0.37 LP 2.3616.40 -86

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