Mid India Industries reports standalone net profit of Rs 0.06 crore in the March 2020 quarter

Sales rise 31.96% to Rs 4.17 crore

Net profit of Mid India Industries reported to Rs 0.06 crore in the quarter ended March 2020 as against net loss of Rs 0.59 crore during the previous quarter ended March 2019. Sales rose 31.96% to Rs 4.17 crore in the quarter ended March 2020 as against Rs 3.16 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 0.04 crore in the year ended March 2020 as against net loss of Rs 2.58 crore during the previous year ended March 2019. Sales declined 60.09% to Rs 8.48 crore in the year ended March 2020 as against Rs 21.25 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales4.173.16 32 8.4821.25 -60 OPM %2.88-16.77 -2.12-11.06 - PBDT0.12-0.52 LP 0.21-2.32 LP PBT0.06-0.59 LP -0.04-2.59 98 NP0.06-0.59 LP -0.04-2.58 98

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