Lovable Lingerie reports standalone net loss of Rs 3.25 crore in the March 2020 quarter

Capital Market 

Sales decline 61.93% to Rs 10.58 crore

Net Loss of Lovable Lingerie reported to Rs 3.25 crore in the quarter ended March 2020 as against net loss of Rs 6.71 crore during the previous quarter ended March 2019. Sales declined 61.93% to Rs 10.58 crore in the quarter ended March 2020 as against Rs 27.79 crore during the previous quarter ended March 2019.

For the full year,net profit rose 282.93% to Rs 3.14 crore in the year ended March 2020 as against Rs 0.82 crore during the previous year ended March 2019. Sales declined 18.88% to Rs 142.38 crore in the year ended March 2020 as against Rs 175.51 crore during the previous year ended March 2019. ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales10.5827.79 -62 142.38175.51 -19 OPM %-37.43-12.49 -4.334.04 - PBDT-3.14-2.21 -42 7.299.08 -20 PBT-3.60-2.74 -31 5.537.39 -25 NP-3.25-6.71 52 3.140.82 283

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First Published: Wed, July 01 2020. 16:34 IST