Nitco reports standalone net loss of Rs 34.22 crore in the June 2020 quarter

Capital Market 

Sales decline 83.40% to Rs 23.08 crore

Net Loss of Nitco reported to Rs 34.22 crore in the quarter ended June 2020 as against net loss of Rs 12.39 crore during the previous quarter ended June 2019. Sales declined 83.40% to Rs 23.08 crore in the quarter ended June 2020 as against Rs 139.06 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales23.08139.06 -83 OPM %-65.34-2.60 -PBDT-26.78-4.75 -464 PBT-34.22-12.39 -176 NP-34.22-12.39 -176

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First Published: Thu, August 13 2020. 13:50 IST