Arvind Fashions reports standalone net loss of Rs 0.10 crore in the March 2020 quarter

Capital Market 

Sales decline 5.76% to Rs 205.28 crore

Net loss of Arvind Fashions reported to Rs 0.10 crore in the quarter ended March 2020 as against net profit of Rs 20.62 crore during the previous quarter ended March 2019. Sales declined 5.76% to Rs 205.28 crore in the quarter ended March 2020 as against Rs 217.82 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 4.89 crore in the year ended March 2020 as against net profit of Rs 61.51 crore during the previous year ended March 2019. Sales declined 15.43% to Rs 854.11 crore in the year ended March 2020 as against Rs 1009.90 crore during the previous year ended March 2019. ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales205.28217.82 -6 854.111009.90 -15 OPM %14.923.51 -5.849.28 - PBDT24.662.93 742 24.9777.53 -68 PBT19.25-1.97 LP 11.9362.23 -81 NP-0.1020.62 PL -4.8961.51 PL

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First Published: Fri, July 10 2020. 08:07 IST