Hot Pursuit     07-Jul-20
IFB Inds. slips after dismal Q4 numbers
IFB Industries fell 3.65% to Rs 411.80 after the company reported consolidated net loss of Rs 19.49 crore in Q4 March 2020 as against net profit of Rs 5.53 crore in Q4 March 2019.

Net sales declined 22.4% year-on-year (YoY) to Rs 506.92 crore in the March quarter.

Pre-tax loss in Q4 FY20 stood at Rs 46.45 crore as against a pre-tax profit of Rs 5.39 crore in Q4 FY19.

IFB Industries manufactures fine blanked components, tools and related machine tools like straighteners, decoilers, strip loaders and others. It also makes motors for white goods as well as automotive applications.

Previous News
  IFB Industries consolidated net profit rises 44.80% in the September 2020 quarter
 ( Results - Announcements 30-Oct-20   17:38 )
  IFB Industries reports consolidated net loss of Rs 3.21 crore in the December 2021 quarter
 ( Results - Announcements 02-Feb-22   08:18 )
  IFB Industries standalone net profit rises 41.46% in the June 2016 quarter
 ( Results - Announcements 22-Jul-16   14:04 )
  IFB Industries reschedules board meeting date
 ( Corporate News - 20-Oct-20   11:09 )
  IFB Industries reports consolidated net profit of Rs 12.00 crore in the March 2024 quarter
 ( Results - Announcements 29-May-24   07:38 )
  IFB Industries standalone net profit declines 39.25% in the June 2015 quarter
 ( Results - Announcements 30-Jul-15   16:55 )
  IFB Industries reports consolidated net loss of Rs 28.29 crore in the March 2022 quarter
 ( Results - Announcements 29-May-22   08:15 )
  IFB Industries to hold AGM
 ( Corporate News - 03-Jul-24   17:31 )
  IFB Industries standalone net profit rises 14.15% in the December 2017 quarter
 ( Results - Announcements 31-Jan-18   16:33 )
  Strong Q1 earnings boost IFB Inds
 ( Hot Pursuit - 22-Jul-16   12:28 )
  IFB Industries to hold AGM
 ( Corporate News - 08-Aug-20   12:17 )
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