Mega Nirman & Industries reports standalone net loss of Rs 0.02 crore in the March 2020 quarter

Mega Nirman & Industries reports standalone net loss of Rs 0.02 crore in the March 2020 quarter

Capital Market 

Sales decline 41.82% to Rs 0.32 crore

Net loss of Mega Nirman & Industries reported to Rs 0.02 crore in the quarter ended March 2020 as against net profit of Rs 0.07 crore during the previous quarter ended March 2019. Sales declined 41.82% to Rs 0.32 crore in the quarter ended March 2020 as against Rs 0.55 crore during the previous quarter ended March 2019.

For the full year,net profit declined 17.65% to Rs 0.14 crore in the year ended March 2020 as against Rs 0.17 crore during the previous year ended March 2019. Sales declined 11.11% to Rs 1.84 crore in the year ended March 2020 as against Rs 2.07 crore during the previous year ended March 2019. ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales0.320.55 -42 1.842.07 -11 OPM %-18.75-5.45 --6.52-4.35 - PBDT-0.020.07 PL 0.190.24 -21 PBT-0.020.07 PL 0.180.23 -22 NP-0.020.07 PL 0.140.17 -18

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First Published: Wed, July 01 2020. 17:44 IST