Menon Bearings standalone net profit declines 34.91% in the March 2020 quarter

Sales decline 24.00% to Rs 30.30 crore

May 26, 2020 01:05 IST capital market

Net profit of Menon Bearings declined 34.91% to Rs 3.30 crore in the quarter ended March 2020 as against Rs 5.07 crore during the previous quarter ended March 2019. Sales declined 24.00% to Rs 30.30 crore in the quarter ended March 2020 as against Rs 39.87 crore during the previous quarter ended March 2019.

For the full year,net profit declined 43.08% to Rs 14.40 crore in the year ended March 2020 as against Rs 25.30 crore during the previous year ended March 2019. Sales declined 21.29% to Rs 136.09 crore in the year ended March 2020 as against Rs 172.89 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear Ended
?Mar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.
Sales30.3039.87 -24 136.09172.89 -21
OPM %19.3724.96 -19.6924.26 -
PBDT6.529.24 -29 26.4940.93 -35
PBT4.617.57 -39 19.6136.11 -46
NP3.305.07 -35 14.4025.30 -43

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