Kreon Finnancial Services reports standalone net loss of Rs 0.21 crore in the March 2019 quarter

Capital Market 

Sales decline 26.09% to Rs 0.17 crore

Net Loss of Kreon Finnancial Services reported to Rs 0.21 crore in the quarter ended March 2019 as against net loss of Rs 3.95 crore during the previous quarter ended March 2018. Sales declined 26.09% to Rs 0.17 crore in the quarter ended March 2019 as against Rs 0.23 crore during the previous quarter ended March 2018.

For the full year,net loss reported to Rs 0.08 crore in the year ended March 2019 as against net loss of Rs 3.73 crore during the previous year ended March 2018. Sales rose 12.50% to Rs 0.81 crore in the year ended March 2019 as against Rs 0.72 crore during the previous year ended March 2018. ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales0.170.23 -26 0.810.72 13 OPM %-511.76-1647.83 --324.69-480.56 - PBDT-0.14-3.87 96 0.10-3.59 LP PBT-0.17-3.89 96 -0.04-3.67 99 NP-0.21-3.95 95 -0.08-3.73 98

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First Published: Sat, June 01 2019. 17:55 IST