Gratex Industries reports standalone nil net profit/loss in the March 2021 quarter

Sales decline 38.71% to Rs 0.57 crore

Gratex Industries reported no net profit/loss in the quarter ended March 2021 as against net loss of Rs 0.04 crore during the previous quarter ended March 2020. Sales declined 38.71% to Rs 0.57 crore in the quarter ended March 2021 as against Rs 0.93 crore during the previous quarter ended March 2020.

For the full year,net profit declined 87.50% to Rs 0.02 crore in the year ended March 2021 as against Rs 0.16 crore during the previous year ended March 2020. Sales declined 46.11% to Rs 1.87 crore in the year ended March 2021 as against Rs 3.47 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales0.570.93 -39 1.873.47 -46 OPM %3.51-1.08 -6.9510.37 - PBDT0.04-0.01 LP 0.140.34 -59 PBT0.01-0.04 LP 0.030.21 -86 NP0-0.04 100 0.020.16 -88

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