Orient Bell's net profit jumps 84% to Rs 5.13 cr for Q4FY20
New Delhi: Tile maker Orient Bell Ltd’s consolidated net profit jumped by 84 percent to Rs 5.13 crore for the fourth quarter of 2019-20 fiscal as against a net profit of Rs 2.79 crore in the corresponding quarter of the previous fiscal.
The consolidated revenue from operations jumped 23 percent to Rs 126 crore in the fourth quarter of the 2019-20 fiscal as compared to Rs 164 crore in the same quarter of the previous fiscal.
For the entire financial year 2019-20, the consolidated net profit of the company fell about 24 percent to Rs 7.12 crore as compared to a net profit of Rs 9.29 crore in the previous financial year.
For the entire financial year 2019-20, the consolidated revenue from operations fell about 14 percent to Rs 490 crore as compared to Rs 569 crore in the previous financial year, the company said in a regulatory filing.
The consolidated total expenses of the company stood at Rs 494 crore for the fiscal 2019-20 as compared to Rs 559 crore in the previous fiscal.