Autolite (India) reports consolidated net loss of Rs 3.23 crore in the March 2020 quarter

Capital Market 

Sales decline 50.21% to Rs 19.42 crore

Net Loss of Autolite (India) reported to Rs 3.23 crore in the quarter ended March 2020 as against net loss of Rs 0.11 crore during the previous quarter ended March 2019. Sales declined 50.21% to Rs 19.42 crore in the quarter ended March 2020 as against Rs 39.00 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 7.14 crore in the year ended March 2020 as against net profit of Rs 0.37 crore during the previous year ended March 2019. Sales declined 28.62% to Rs 85.88 crore in the year ended March 2020 as against Rs 120.32 crore during the previous year ended March 2019. ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales19.4239.00 -50 85.88120.32 -29 OPM %-5.665.56 -1.026.90 - PBDT-2.111.43 PL -3.114.34 PL PBT-3.04-0.06 -4967 -6.950.42 PL NP-3.23-0.11 -2836 -7.140.37 PL

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First Published: Fri, August 07 2020. 09:55 IST