Meyer Apparel reports standalone net loss of Rs 4.14 crore in the March 2020 quarter

Sales decline 86.78% to Rs 0.48 crore

Net Loss of Meyer Apparel reported to Rs 4.14 crore in the quarter ended March 2020 as against net loss of Rs 1.26 crore during the previous quarter ended March 2019. Sales declined 86.78% to Rs 0.48 crore in the quarter ended March 2020 as against Rs 3.63 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 7.49 crore in the year ended March 2020 as against net loss of Rs 2.37 crore during the previous year ended March 2019. Sales declined 36.90% to Rs 5.42 crore in the year ended March 2020 as against Rs 8.59 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales0.483.63 -87 5.428.59 -37 OPM %-485.42-18.73 --92.44-21.42 - PBDT-2.42-0.65 -272 -5.27-1.41 -274 PBT-2.70-1.26 -114 -6.05-2.30 -163 NP-4.14-1.26 -229 -7.49-2.37 -216

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