Meghmani Organics Ltd., an Indian pigment and pesticides manufacturer has reported financial results for the period ended March 31, 2020.
Q4 Results
The company’s net profit fell by 22.79% to Rs 51.32 crores ($6.7 million) for the period ended March 31, 2020 as against Rs 66.47 ($8.7 million) crores for the period ended March 31, 2019.
Net sales dropped by 1.58% to Rs 546.81 crores ($71.8 million) during the period ended March 31, 2020 as compared to Rs 555.57 crores ($73 million) during the period ended March 31, 2019.
Full-Year Results
The company’s net profit fell by 4.43% to Rs 240.14 crores ($31.5 million) for the full-year period ended March 31, 2020 as against Rs 251.27 crores ($33 million) for the full-year period ended March 31, 2019.
The company has reported net sales of Rs 2247.28 crores ($295.2 million) during the full-year period ended March 31, 2020, an increase of 5.95% as compared to Rs 2121.16 crores ($278.7 million) during the full-year period ended March 31, 2019.
The company has reported EPS of Rs 9.44 ($0.12) for the full-year period ended March 31, 2020 as compared to Rs 9.88 ($0.13) for the full-year period ended March 31, 2019.