Bang Overseas reports standalone net loss of Rs 1.28 crore in the March 2020 quarter

Sales decline 13.56% to Rs 27.60 crore

Net Loss of Bang Overseas reported to Rs 1.28 crore in the quarter ended March 2020 as against net loss of Rs 0.63 crore during the previous quarter ended March 2019. Sales declined 13.56% to Rs 27.60 crore in the quarter ended March 2020 as against Rs 31.93 crore during the previous quarter ended March 2019.

For the full year,net profit rose 10114.29% to Rs 7.15 crore in the year ended March 2020 as against Rs 0.07 crore during the previous year ended March 2019. Sales declined 36.11% to Rs 98.46 crore in the year ended March 2020 as against Rs 154.11 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales27.6031.93 -14 98.46154.11 -36 OPM %1.45-2.19 -0.611.43 - PBDT1.12-0.19 LP 3.474.09 -15 PBT0.57-0.80 LP 1.291.78 -28 NP-1.28-0.63 -103 7.150.07 10114

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