Jindal Cotex reports consolidated net loss of Rs 1.34 crore in the March 2021 quarter

Sales decline 18.60% to Rs 8.49 crore

Net loss of Jindal Cotex reported to Rs 1.34 crore in the quarter ended March 2021 as against net profit of Rs 20.93 crore during the previous quarter ended March 2020. Sales declined 18.60% to Rs 8.49 crore in the quarter ended March 2021 as against Rs 10.43 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 5.02 crore in the year ended March 2021 as against net profit of Rs 16.20 crore during the previous year ended March 2020. Sales declined 13.26% to Rs 28.51 crore in the year ended March 2021 as against Rs 32.87 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales8.4910.43 -19 28.5132.87 -13 OPM %0.82-3.93 -1.16-2.31 - PBDT0.31-0.19 LP 1.20-0.11 LP PBT-1.14-1.72 34 -4.83-6.24 23 NP-1.3420.93 PL -5.0216.20 PL

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