Accel reports consolidated net loss of Rs 1.48 crore in the March 2020 quarter

Capital Market 

Sales rise 210.15% to Rs 10.08 crore

Net loss of Accel reported to Rs 1.48 crore in the quarter ended March 2020 as against net profit of Rs 7.32 crore during the previous quarter ended March 2019. Sales rose 210.15% to Rs 10.08 crore in the quarter ended March 2020 as against Rs 3.25 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 4.76 crore in the year ended March 2020 as against net profit of Rs 5.15 crore during the previous year ended March 2019. Sales rose 113.30% to Rs 14.91 crore in the year ended March 2020 as against Rs 6.99 crore during the previous year ended March 2019. ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales10.083.25 210 14.916.99 113 OPM %-13.6934.15 --27.10-45.92 - PBDT-1.251.42 PL -4.01-2.11 -90 PBT-1.730.96 PL -5.50-3.77 -46 NP-1.487.32 PL -4.765.15 PL

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First Published: Thu, July 30 2020. 08:26 IST