Captain Pipes Ltd’s net profit tanks 22% to Rs 8.29 lakh for Q4FY20

New Delhi: Captain Pipes Ltd’s net profit tanked 22 percent to Rs 8.29 lakh for the fourth quarter of the fiscal 2019-20 as compared net profit of Rs 10.72 lakh in the corresponding quarter of the previous fiscal.

The company’s revenue from operations fell 29 percent to Rs 19.2 crore for the fourth quarter of the fiscal 2019-20 as compared to Rs 27.5 rore in the same quarter of the previous fiscal. .

The company’s net profit jumped 14 percent to Rs 38 lakh for the entire fiscal 2019-20 as compared to Rs 28 lakh in the previous fiscal. 

The company’s revenue from operations fell 18 percent to Rs 45 crore for the entire fiscal 2019-20 as compared to Rs 54 crore for the previous fiscal, , the company said in a regulatory filing.

 

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