Sales decline 12.63% to Rs 164.55 crore
Net Loss of Cravatex reported to Rs 6.36 crore in the quarter ended March 2021 as against net loss of Rs 15.70 crore during the previous quarter ended March 2020. Sales declined 12.63% to Rs 164.55 crore in the quarter ended March 2021 as against Rs 188.34 crore during the previous quarter ended March 2020.For the full year,net loss reported to Rs 30.61 crore in the year ended March 2021 as against net loss of Rs 4.71 crore during the previous year ended March 2020. Sales declined 38.49% to Rs 531.88 crore in the year ended March 2021 as against Rs 864.65 crore during the previous year ended March 2020.
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