Oceanaa Biotek industries reports standalone net loss of Rs 23.78 crore in the March 2019 quarter

Capital Market 

Sales decline 85.08% to Rs 3.24 crore

Net loss of reported to Rs 23.78 crore in the quarter ended March 2019 as against net profit of Rs 4.97 crore during the previous quarter ended March 2018. Sales declined 85.08% to Rs 3.24 crore in the quarter ended March 2019 as against Rs 21.71 crore during the previous quarter ended March 2018.

For the full year,net loss reported to Rs 20.05 crore in the year ended March 2019 as against net profit of Rs 10.94 crore during the previous year ended March 2018. Sales declined 39.98% to Rs 36.28 crore in the year ended March 2019 as against Rs 60.45 crore during the previous year ended March 2018. ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales3.2421.71 -85 36.2860.45 -40 OPM %-729.0148.78 --49.4833.70 - PBDT-23.6410.56 PL -18.0620.37 PL PBT-23.789.58 PL -20.5616.91 PL NP-23.784.97 PL -20.0510.94 PL

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First Published: Fri, May 31 2019. 16:20 IST