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Sangam Renewables reports standalone net loss of Rs 0.41 crore in the March 2020 quarter
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Sangam Renewables reports standalone net loss of Rs 0.41 crore in the March 2020 quarter

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Sangam Renewables reports standalone net loss of Rs 0.41 crore in the March 2020 quarter

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Sales decline 94.33% to Rs 0.14 crore

Net loss of Sangam Renewables reported to Rs 0.41 crore in the quarter ended March 2020 as against net profit of Rs 0.46 crore during the previous quarter ended March 2019. Sales declined 94.33% to Rs 0.14 crore in the quarter ended March 2020 as against Rs 2.47 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 0.19 crore in the year ended March 2020 as against net profit of Rs 0.31 crore during the previous year ended March 2019. Sales declined 60.64% to Rs 1.98 crore in the year ended March 2020 as against Rs 5.03 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales0.142.47 -94 1.985.03 -61 OPM %-257.1480.57 -1.5249.30 – PBDT-0.361.39 PL -0.241.07 PL PBT-0.401.35 PL -0.400.91 PL NP-0.410.46 PL -0.190.31 PL

Source: business-standard

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Anand Gupta Editor - EQ Int'l Media Network
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