Neeraj Paper Marketing reports standalone net loss of Rs 0.39 crore in the March 2019 quarter

Capital Market 

Sales decline 41.23% to Rs 63.67 crore

Net Loss of reported to Rs 0.39 crore in the quarter ended March 2019 as against net loss of Rs 2.90 crore during the previous quarter ended March 2018. Sales declined 41.23% to Rs 63.67 crore in the quarter ended March 2019 as against Rs 108.33 crore during the previous quarter ended March 2018.

For the full year,net profit reported to Rs 0.34 crore in the year ended March 2019 as against net loss of Rs 2.10 crore during the previous year ended March 2018. Sales declined 23.25% to Rs 252.20 crore in the year ended March 2019 as against Rs 328.58 crore during the previous year ended March 2018. ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales63.67108.33 -41 252.20328.58 -23 OPM %1.483.31 -2.613.33 - PBDT0.290.57 -49 1.671.92 -13 PBT0.200.45 -56 1.291.60 -19 NP-0.39-2.90 87 0.34-2.10 LP

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First Published: Tue, June 04 2019. 12:49 IST