AIA Engineering’s net profit falls 8% to Rs 142 cr for Q4FY20

New Delhi: AIA Engineering Ltd’s consolidated net profit fell about 8 percent to Rs 142 crore for the fourth quarter of the fiscal 2019-20 as compared net loss of Rs 155 crore in the corresponding quarter of the previous fiscal.

The company’s consolidated revenue from operations fell marginally to Rs 830 crore for the fourth quarter of the fiscal 2019-20 as compared to Rs 862 crore in the same quarer of the previous fiscal. .

The company’s consolidated net profit jumped about 16 percent to Rs 590 crore for the entire fiscal 2019-20 as compared to Rs 511 crore in the previous fiscal. 

The company’s consolidated revenue from operations fell marginally to Rs 2,891 crore for the entire fiscal 2019-20 as compared to Rs 2,969 crore for the previous fiscal.

The consolidated total expenses of the company fell marginally to Rs 700 crore in the fourth quarter of the 2019-20 fiscal as compared to Rs 720 crore in the corresponding quarter of the previous fiscal. The consolidated total expenses of the company fell marginally to Rs 2,404 crore in the 2019-20 fiscal as compared to Rs 2,496 crore in the previous fiscal, the company said in a regulatory filing.

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