Optiemus Infracom reports consolidated net loss of Rs 44.77 crore in the March 2020 quarter

Capital Market 

Sales decline 80.05% to Rs 42.10 crore

Net Loss of Optiemus Infracom reported to Rs 44.77 crore in the quarter ended March 2020 as against net loss of Rs 16.36 crore during the previous quarter ended March 2019. Sales declined 80.05% to Rs 42.10 crore in the quarter ended March 2020 as against Rs 211.01 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 84.85 crore in the year ended March 2020 as against net loss of Rs 59.40 crore during the previous year ended March 2019. Sales declined 68.82% to Rs 372.85 crore in the year ended March 2020 as against Rs 1195.97 crore during the previous year ended March 2019. ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales42.10211.01 -80 372.851195.97 -69 OPM %-94.87-25.19 --17.15-5.07 - PBDT-36.48-10.98 -232 -78.27-39.87 -96 PBT-40.59-15.66 -159 -90.84-57.07 -59 NP-44.77-16.36 -174 -84.85-59.40 -43

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First Published: Fri, July 31 2020. 15:26 IST