Bang Overseas reports consolidated net profit of Rs 1.02 crore in the March 2021 quarter

Sales decline 22.41% to Rs 24.82 crore

Net profit of Bang Overseas reported to Rs 1.02 crore in the quarter ended March 2021 as against net loss of Rs 1.56 crore during the previous quarter ended March 2020. Sales declined 22.41% to Rs 24.82 crore in the quarter ended March 2021 as against Rs 31.99 crore during the previous quarter ended March 2020.

For the full year,net profit declined 80.80% to Rs 1.40 crore in the year ended March 2021 as against Rs 7.29 crore during the previous year ended March 2020. Sales declined 48.36% to Rs 57.12 crore in the year ended March 2021 as against Rs 110.62 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales24.8231.99 -22 57.12110.62 -48 OPM %-3.140.44 --2.120.78 - PBDT1.320.85 55 2.863.64 -21 PBT0.840.29 190 0.941.44 -35 NP1.02-1.56 LP 1.407.29 -81

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