AXISCADES Technologies reports consolidated net loss of Rs 10.63 crore in the March 2021 quarter

Sales decline 22.49% to Rs 146.11 crore

Net loss of AXISCADES Technologies reported to Rs 10.63 crore in the quarter ended March 2021 as against net profit of Rs 16.24 crore during the previous quarter ended March 2020. Sales declined 22.49% to Rs 146.11 crore in the quarter ended March 2021 as against Rs 188.50 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 21.66 crore in the year ended March 2021 as against net profit of Rs 29.75 crore during the previous year ended March 2020. Sales declined 22.19% to Rs 517.39 crore in the year ended March 2021 as against Rs 664.98 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales146.11188.50 -22 517.39664.98 -22 OPM %13.7017.62 -12.3713.78 - PBDT18.4428.21 -35 56.4171.12 -21 PBT12.3216.52 -25 30.4238.39 -21 NP-10.6316.24 PL -21.6629.75 PL

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