Rexnord's net profit under GAAP in 2Q calendar year 2020 was $35.8 million, down 23.3% from $46.7 million in the previous year. Revenues decreased by 11.6% to $449.1 million compared to $508.3 million a year earlier. Following the end of fiscal year 2020 on March 31, 2020, the company changed its fiscal year-end date to December 31.