Katare Spinning Mills reports standalone net profit of Rs 0.05 crore in the March 2021 quarter

Sales decline 70.40% to Rs 2.38 crore

Net profit of Katare Spinning Mills reported to Rs 0.05 crore in the quarter ended March 2021 as against net loss of Rs 1.04 crore during the previous quarter ended March 2020. Sales declined 70.40% to Rs 2.38 crore in the quarter ended March 2021 as against Rs 8.04 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 1.74 crore in the year ended March 2021 as against net loss of Rs 2.23 crore during the previous year ended March 2020. Sales declined 66.58% to Rs 10.47 crore in the year ended March 2021 as against Rs 31.33 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales2.388.04 -70 10.4731.33 -67 OPM %13.87-6.97 --3.53-2.90 - PBDT0.26-0.82 LP -0.87-1.34 35 PBT0.05-1.04 LP -1.74-2.23 22 NP0.05-1.04 LP -1.74-2.23 22

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