HLV reports standalone net loss of Rs 1.42 crore in the March 2021 quarter

Sales decline 75.97% to Rs 9.02 crore

Net Loss of HLV reported to Rs 1.42 crore in the quarter ended March 2021 as against net loss of Rs 16.87 crore during the previous quarter ended March 2020. Sales declined 75.97% to Rs 9.02 crore in the quarter ended March 2021 as against Rs 37.54 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 35.93 crore in the year ended March 2021 as against net profit of Rs 193.50 crore during the previous year ended March 2020. Sales declined 87.01% to Rs 18.92 crore in the year ended March 2021 as against Rs 145.68 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales9.0237.54 -76 18.92145.68 -87 OPM %-164.52-38.87 --280.07-25.36 - PBDT2.24-13.93 LP -30.07182.34 PL PBT-1.93-18.18 89 -43.59170.41 PL NP-1.42-16.87 92 -35.93193.50 PL

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