Mandhana Retail Ventures reports standalone net loss of Rs 25.65 crore in the March 2020 quarter

Capital Market 

Sales decline 73.50% to Rs 13.08 crore

Net Loss of Mandhana Retail Ventures reported to Rs 25.65 crore in the quarter ended March 2020 as against net loss of Rs 1.40 crore during the previous quarter ended March 2019. Sales declined 73.50% to Rs 13.08 crore in the quarter ended March 2020 as against Rs 49.35 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 31.05 crore in the year ended March 2020 as against net loss of Rs 0.59 crore during the previous year ended March 2019. Sales declined 30.91% to Rs 151.90 crore in the year ended March 2020 as against Rs 219.87 crore during the previous year ended March 2019. ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales13.0849.35 -73 151.90219.87 -31 OPM %-156.19-1.30 --6.331.93 - PBDT-14.78-0.38 -3789 -7.933.96 PL PBT-16.35-1.31 -1148 -21.940.10 PL NP-25.65-1.40 -1732 -31.05-0.59 -5163

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First Published: Sat, September 19 2020. 07:58 IST
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