Banas Finance reports standalone net loss of Rs 1.32 crore in the March 2019 quarter

Capital Market 

Sales rise 265.63% to Rs 1.17 crore

Net Loss of Banas reported to Rs 1.32 crore in the quarter ended March 2019 as against net loss of Rs 2.15 crore during the previous quarter ended March 2018. Sales rose 265.63% to Rs 1.17 crore in the quarter ended March 2019 as against Rs 0.32 crore during the previous quarter ended March 2018.

For the full year,net loss reported to Rs 2.86 crore in the year ended March 2019 as against net profit of Rs 0.12 crore during the previous year ended March 2018. Sales rose 19.05% to Rs 5.00 crore in the year ended March 2019 as against Rs 4.20 crore during the previous year ended March 2018. ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales1.170.32 266 5.004.20 19 OPM %-111.97-684.38 --64.201.90 - PBDT-1.31-2.13 38 -2.850.14 PL PBT-1.31-2.13 38 -2.850.14 PL NP-1.32-2.15 39 -2.860.12 PL

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First Published: Fri, May 24 2019. 15:45 IST