MIC Electronics reports consolidated net loss of Rs 2.29 crore in the December 2019 quarter

Capital Market 

Sales decline 66.91% to Rs 0.89 crore

Net Loss of MIC Electronics reported to Rs 2.29 crore in the quarter ended December 2019 as against net loss of Rs 1.18 crore during the previous quarter ended December 2018. Sales declined 66.91% to Rs 0.89 crore in the quarter ended December 2019 as against Rs 2.69 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales0.892.69 -67 OPM %-48.31-36.06 -PBDT-0.400.74 PL PBT-2.29-1.18 -94 NP-2.29-1.18 -94

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First Published: Wed, February 12 2020. 08:22 IST