Aanchal Ispat reports standalone net loss of Rs 4.39 crore in the March 2020 quarter

Capital Market 

Sales decline 56.57% to Rs 33.10 crore

Net Loss of Aanchal Ispat reported to Rs 4.39 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 56.57% to Rs 33.10 crore in the quarter ended March 2020 as against Rs 76.21 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 8.32 crore in the year ended March 2020 as against net profit of Rs 2.80 crore during the previous year ended March 2019. Sales declined 51.72% to Rs 170.43 crore in the year ended March 2020 as against Rs 352.99 crore during the previous year ended March 2019. ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales33.1076.21 -57 170.43352.99 -52 OPM %-9.272.69 --2.482.84 - PBDT-4.050.19 PL -7.585.02 PL PBT-4.390.06 PL -8.324.27 PL NP-4.39-0.11 -3891 -8.322.80 PL

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First Published: Sat, August 29 2020. 07:57 IST