Deccan Bearings reports standalone net profit of Rs 0.11 crore in the March 2020 quarter

Capital Market 

Sales decline 70.37% to Rs 0.08 crore

Net profit of Deccan Bearings reported to Rs 0.11 crore in the quarter ended March 2020 as against net loss of Rs 0.14 crore during the previous quarter ended March 2019. Sales declined 70.37% to Rs 0.08 crore in the quarter ended March 2020 as against Rs 0.27 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 0.29 crore in the year ended March 2020 as against net loss of Rs 0.50 crore during the previous year ended March 2019. Sales rose 98.59% to Rs 1.41 crore in the year ended March 2020 as against Rs 0.71 crore during the previous year ended March 2019. ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales0.080.27 -70 1.410.71 99 OPM %-850.00-51.85 --73.76-63.38 - PBDT0.11-0.08 LP -0.24-0.36 33 PBT0.11-0.11 LP -0.29-0.47 38 NP0.11-0.14 LP -0.29-0.50 42

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First Published: Wed, July 29 2020. 17:49 IST