Coastal Roadways standalone net profit declines 89.53% in the March 2021 quarter

Sales rise 9.84% to Rs 9.71 crore

Net profit of Coastal Roadways declined 89.53% to Rs 0.09 crore in the quarter ended March 2021 as against Rs 0.86 crore during the previous quarter ended March 2020. Sales rose 9.84% to Rs 9.71 crore in the quarter ended March 2021 as against Rs 8.84 crore during the previous quarter ended March 2020.

For the full year,net profit rose 37.50% to Rs 0.55 crore in the year ended March 2021 as against Rs 0.40 crore during the previous year ended March 2020. Sales declined 23.05% to Rs 32.49 crore in the year ended March 2021 as against Rs 42.22 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales9.718.84 10 32.4942.22 -23 OPM %4.846.79 -4.344.05 - PBDT0.470.52 -10 1.301.35 -4 PBT0.02-0.03 LP -0.65-0.82 21 NP0.090.86 -90 0.550.40 38

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