Kaveri Seed Company reports consolidated net loss of Rs 17.37 crore in the March 2021 quarter

Sales rise 1.79% to Rs 64.25 crore

Net loss of Kaveri Seed Company reported to Rs 17.37 crore in the quarter ended March 2021 as against net profit of Rs 7.57 crore during the previous quarter ended March 2020. Sales rose 1.79% to Rs 64.25 crore in the quarter ended March 2021 as against Rs 63.12 crore during the previous quarter ended March 2020.

For the full year,net profit rose 19.87% to Rs 310.50 crore in the year ended March 2021 as against Rs 259.04 crore during the previous year ended March 2020. Sales rose 11.39% to Rs 1036.31 crore in the year ended March 2021 as against Rs 930.35 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales64.2563.12 2 1036.31930.35 11 OPM %-24.62-20.07 -28.7627.22 - PBDT-11.7418.13 PL 343.26298.32 15 PBT-17.3611.41 PL 321.01272.65 18 NP-17.377.57 PL 310.50259.04 20

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