KCP Sugar & Industries Corporation reports consolidated net loss of Rs 18.62 crore in the March 2020 quarter

KCP Sugar & Industries Corporation reports consolidated net loss of Rs 18.62 crore in the March 2020 quarter

Capital Market 

Sales decline 13.85% to Rs 90.35 crore

Net loss of KCP Sugar & Industries Corporation reported to Rs 18.62 crore in the quarter ended March 2020 as against net profit of Rs 18.62 crore during the previous quarter ended March 2019. Sales declined 13.85% to Rs 90.35 crore in the quarter ended March 2020 as against Rs 104.88 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 6.26 crore in the year ended March 2020 as against net profit of Rs 16.31 crore during the previous year ended March 2019. Sales rose 9.23% to Rs 392.62 crore in the year ended March 2020 as against Rs 359.44 crore during the previous year ended March 2019. ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales90.35104.88 -14 392.62359.44 9 OPM %-12.4331.56 -1.3513.01 - PBDT-17.3927.76 PL -2.7242.63 PL PBT-21.4022.85 PL -10.7533.94 PL NP-18.6218.62 PL -6.2616.31 PL

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, July 24 2020. 07:46 IST