Forbes & Company reports consolidated net loss of Rs 45.97 crore in the June 2020 quarter

Forbes & Company reports consolidated net loss of Rs 45.97 crore in the June 2020 quarter

Capital Market 

Sales decline 40.69% to Rs 421.01 crore

Net loss of Forbes & Company reported to Rs 45.97 crore in the quarter ended June 2020 as against net profit of Rs 3.44 crore during the previous quarter ended June 2019. Sales declined 40.69% to Rs 421.01 crore in the quarter ended June 2020 as against Rs 709.84 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales421.01709.84 -41 OPM %1.385.42 -PBDT-13.1927.77 PL PBT-40.204.53 PL NP-45.973.44 PL

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First Published: Sat, September 12 2020. 08:48 IST