G G Automotive Gears reports standalone net loss of Rs 0.67 crore in the March 2021 quarter

Sales decline 54.88% to Rs 5.73 crore

Net Loss of G G Automotive Gears reported to Rs 0.67 crore in the quarter ended March 2021 as against net loss of Rs 0.38 crore during the previous quarter ended March 2020. Sales declined 54.88% to Rs 5.73 crore in the quarter ended March 2021 as against Rs 12.70 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 2.46 crore in the year ended March 2021 as against net profit of Rs 1.73 crore during the previous year ended March 2020. Sales declined 46.42% to Rs 30.06 crore in the year ended March 2021 as against Rs 56.10 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales5.7312.70 -55 30.0656.10 -46 OPM %2.0917.32 -6.3915.19 - PBDT-0.251.53 PL 0.166.10 -97 PBT-1.130.56 PL -2.922.97 PL NP-0.67-0.38 -76 -2.461.73 PL

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