Capacite Infraprojects Ltd’s net profit nosedives 86% to Rs 4 cr fro Q4FY20

New Delhi: Capacite Infraprojects Ltd’s consolidated net profit nosedived about 86 percent to Rs 4.03 crore for the fourth quarter of 2019-20 fiscal as against a net profit of Rs 26.82 crore in the corresponding quarter of the previous fiscal.

The consolidated revenue from operations fell about 38 percent to Rs 307 crore for the fourth quarter of the 2019-20 fiscal as compared to Rs 497 crore in the corresponding period of the previous fiscal.   

For the entire financial year 2019-20, the company’s consolidated net profit fell about 8 percent to Rs 91 crore as against a net profit of Rs 97 crore in the previous financial year.

For the entire financial year 2019-20, the consolidated revenue from operations of the company fell about 15 percent to Rs 1,554 crore as compared to Rs 1,832 crore in the previous fiscal, the company said in a regulatory filing.

The total expenses of the company fell to Rs 308 crore in the fourth quarter of 2019-20 fiscal as against Rs 469 crore in the corresponding quarter of the previous fiscal. For the whole financial year 2019-20, the total expenses of the company fell to Rs 1,451 crore as compared to Rs 1,683 crore in the previous fiscal. 

 

menu
menu