Net profit of Castrol India Limited has declined by ~54% yoy to ~Rs125cr in Q4FY20. PAT margin reported a decline of 870bps yoy to ~18% as against PAT Margin of ~26% in Q4FY19.
EBITDA for the quarter ended March decreased by ~49% yoy to Rs173cr with EBITDA margin decreasing by ~860bps yoy to ~25%. The decrease in EBITDA was primarily due to a decline in sales volume.
For the fourth quarter of FY20, Castrol India Limited witnessed a 32% yoy decline in its revenue from sales. Sales revenue for the quarter ended March 2020 stood at Rs688cr as against sales revenue of ~Rs1012cr in Q4FY19. Economic operations of the company were affected in the month of March 2020 due to covid-19 pandemic resulting in decline of sales revenue.
On 12th June, Castrol India Limited closed ~2% below its previous day closing price of Rs124.10.
|
Particulars |
Q4FY20 (Rs Crore) |
Q4FY19(Rs Crore) |
Var (%) |
|
Net Sales |
688 |
1011.8 |
-32.00% |
|
Operating Profit |
173.0 |
341.2 |
-49.30% |
|
Net Profit |
125.20 |
271.30 |
-53.85% |
|
PBDITM(%) |
25.1% |
33.7% |
-25.43% |
|
PATM(%) |
17.7% |
26.4% |
-32.97% |
Related Tags:
