Facor Alloys reports consolidated net loss of Rs 3.20 crore in the March 2020 quarter

Sales decline 45.53% to Rs 44.63 crore

Net loss of Facor Alloys reported to Rs 3.20 crore in the quarter ended March 2020 as against net profit of Rs 5.36 crore during the previous quarter ended March 2019. Sales declined 45.53% to Rs 44.63 crore in the quarter ended March 2020 as against Rs 81.94 crore during the previous quarter ended March 2019.

For the full year,net profit declined 24.19% to Rs 11.50 crore in the year ended March 2020 as against Rs 15.17 crore during the previous year ended March 2019. Sales declined 19.29% to Rs 291.39 crore in the year ended March 2020 as against Rs 361.04 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales44.6381.94 -46 291.39361.04 -19 OPM %-17.304.28 --2.167.75 - PBDT-6.425.77 PL 20.6422.06 -6 PBT-6.935.57 PL 18.0720.01 -10 NP-3.205.36 PL 11.5015.17 -24

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