Mangalam Timber Products reports standalone net loss of Rs 4.75 crore in the March 2020 quarter

Sales rise 2900.00% to Rs 3.00 crore

Net Loss of Mangalam Timber Products reported to Rs 4.75 crore in the quarter ended March 2020 as against net loss of Rs 2.69 crore during the previous quarter ended March 2019. Sales rose 2900.00% to Rs 3.00 crore in the quarter ended March 2020 as against Rs 0.10 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 14.73 crore in the year ended March 2020 as against net loss of Rs 14.30 crore during the previous year ended March 2019. Sales declined 64.54% to Rs 4.00 crore in the year ended March 2020 as against Rs 11.28 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales3.000.10 2900 4.0011.28 -65 OPM %-118.67-1850.00 --235.00-101.86 - PBDT-7.13-3.52 -103 -20.46-19.20 -7 PBT-7.49-3.89 -93 -21.93-20.69 -6 NP-4.75-2.69 -77 -14.73-14.30 -3

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