PG Foils reports standalone net loss of Rs 0.81 crore in the March 2020 quarter

Capital Market 

Sales decline 16.02% to Rs 50.97 crore

Net loss of PG Foils reported to Rs 0.81 crore in the quarter ended March 2020 as against net profit of Rs 6.53 crore during the previous quarter ended March 2019. Sales declined 16.02% to Rs 50.97 crore in the quarter ended March 2020 as against Rs 60.69 crore during the previous quarter ended March 2019.

For the full year,net profit declined 7.48% to Rs 14.97 crore in the year ended March 2020 as against Rs 16.18 crore during the previous year ended March 2019. Sales declined 16.04% to Rs 217.32 crore in the year ended March 2020 as against Rs 258.84 crore during the previous year ended March 2019. ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales50.9760.69 -16 217.32258.84 -16 OPM %3.043.84 -6.182.62 - PBDT0.368.56 -96 23.5725.21 -7 PBT-1.297.43 PL 18.9221.06 -10 NP-0.816.53 PL 14.9716.18 -7

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First Published: Tue, June 30 2020. 19:48 IST