Gujarat Raffia Industries reports standalone net loss of Rs 0.18 crore in the March 2020 quarter

Sales decline 45.19% to Rs 6.84 crore

Net loss of Gujarat Raffia Industries reported to Rs 0.18 crore in the quarter ended March 2020 as against net profit of Rs 0.34 crore during the previous quarter ended March 2019. Sales declined 45.19% to Rs 6.84 crore in the quarter ended March 2020 as against Rs 12.48 crore during the previous quarter ended March 2019.

For the full year,net profit declined 64.13% to Rs 0.33 crore in the year ended March 2020 as against Rs 0.92 crore during the previous year ended March 2019. Sales declined 29.52% to Rs 33.76 crore in the year ended March 2020 as against Rs 47.90 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales6.8412.48 -45 33.7647.90 -30 OPM %-2.198.49 -4.625.95 - PBDT0.290.88 -67 1.772.22 -20 PBT-0.100.43 PL 0.561.15 -51 NP-0.180.34 PL 0.330.92 -64

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