Aries Agro reports standalone net loss of Rs 9.34 crore in the March 2020 quarter

Sales rise 0.60% to Rs 55.52 crore

Net Loss of Aries Agro reported to Rs 9.34 crore in the quarter ended March 2020 as against net loss of Rs 3.91 crore during the previous quarter ended March 2019. Sales rose 0.60% to Rs 55.52 crore in the quarter ended March 2020 as against Rs 55.19 crore during the previous quarter ended March 2019.

For the full year,net profit rose 4.77% to Rs 15.61 crore in the year ended March 2020 as against Rs 14.90 crore during the previous year ended March 2019. Sales rose 11.62% to Rs 296.14 crore in the year ended March 2020 as against Rs 265.32 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales55.5255.19 1 296.14265.32 12 OPM %1.7810.53 -18.2219.81 - PBDT-6.22-4.57 -36 28.4425.15 13 PBT-9.57-5.26 -82 23.0822.74 1 NP-9.34-3.91 -139 15.6114.90 5

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