Magnum Ventures reports standalone net loss of Rs 8.36 crore in the March 2020 quarter

Sales decline 19.75% to Rs 52.88 crore

Net Loss of Magnum Ventures reported to Rs 8.36 crore in the quarter ended March 2020 as against net loss of Rs 1.82 crore during the previous quarter ended March 2019. Sales declined 19.75% to Rs 52.88 crore in the quarter ended March 2020 as against Rs 65.89 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 12.17 crore in the year ended March 2020 as against net loss of Rs 0.08 crore during the previous year ended March 2019. Sales declined 13.25% to Rs 241.06 crore in the year ended March 2020 as against Rs 277.87 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales52.8865.89 -20 241.06277.87 -13 OPM %-8.386.98 -2.286.32 - PBDT-3.934.97 PL 6.6518.02 -63 PBT-7.821.16 PL -8.882.87 PL NP-8.36-1.82 -359 -12.17-0.08 -15113

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