Surana Solar reports standalone nil net profit/loss in the March 2020 quarter

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Surana Solar reports standalone nil net profit/loss in the March 2020 quarter

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Sales decline 13.35% to Rs 9.09 crore

Surana Solar reported no net profit/loss in the quarter ended March 2020 as against net profit of Rs 0.06 crore during the previous quarter ended March 2019. Sales declined 13.35% to Rs 9.09 crore in the quarter ended March 2020 as against Rs 10.49 crore during the previous quarter ended March 2019.

For the full year,net profit declined 41.00% to Rs 0.59 crore in the year ended March 2020 as against Rs 1.00 crore during the previous year ended March 2019. Sales declined 4.52% to Rs 33.17 crore in the year ended March 2020 as against Rs 34.74 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales9.0910.49 -13 33.1734.74 -5 OPM %19.697.72 –16.7313.85 – PBDT1.660.88 89 5.704.14 38 PBT0.050.12 -58 0.751.30 -42 NP00.06 -100 0.591.00 -41