Elgi Rubber Company reports consolidated net loss of Rs 7.02 crore in the March 2020 quarter

Sales decline 15.99% to Rs 92.94 crore

Net Loss of Elgi Rubber Company reported to Rs 7.02 crore in the quarter ended March 2020 as against net loss of Rs 10.00 crore during the previous quarter ended March 2019. Sales declined 15.99% to Rs 92.94 crore in the quarter ended March 2020 as against Rs 110.63 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 15.20 crore in the year ended March 2020 as against net loss of Rs 16.11 crore during the previous year ended March 2019. Sales declined 10.50% to Rs 366.82 crore in the year ended March 2020 as against Rs 409.85 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales92.94110.63 -16 366.82409.85 -11 OPM %-6.78-5.12 --0.642.78 - PBDT-6.74-7.70 12 -5.490.71 PL PBT-10.15-12.00 15 -22.33-17.64 -27 NP-7.02-10.00 30 -15.20-16.11 6

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