Lokesh Machines reports standalone net loss of Rs 5.77 crore in the March 2020 quarter

Sales decline 54.65% to Rs 27.51 crore

Net loss of Lokesh Machines reported to Rs 5.77 crore in the quarter ended March 2020 as against net profit of Rs 2.73 crore during the previous quarter ended March 2019. Sales declined 54.65% to Rs 27.51 crore in the quarter ended March 2020 as against Rs 60.66 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 4.68 crore in the year ended March 2020 as against net profit of Rs 6.77 crore during the previous year ended March 2019. Sales declined 33.92% to Rs 125.84 crore in the year ended March 2020 as against Rs 190.44 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales27.5160.66 -55 125.84190.44 -34 OPM %-16.5416.25 -9.6216.42 - PBDT-7.407.08 PL 0.7819.32 -96 PBT-9.634.81 PL -8.1210.19 PL NP-5.772.73 PL -4.686.77 PL

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