Midas Infra Trade reports standalone net profit of Rs 0.42 crore in the March 2021 quarter

Sales decline 98.80% to Rs 0.16 crore

Net profit of Midas Infra Trade reported to Rs 0.42 crore in the quarter ended March 2021 as against net loss of Rs 0.52 crore during the previous quarter ended March 2020. Sales declined 98.80% to Rs 0.16 crore in the quarter ended March 2021 as against Rs 13.30 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 1.48 crore in the year ended March 2021 as against net profit of Rs 0.36 crore during the previous year ended March 2020. Sales declined 39.08% to Rs 71.59 crore in the year ended March 2021 as against Rs 117.51 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales0.1613.30 -99 71.59117.51 -39 OPM %-650.00-4.51 --3.210.96 - PBDT0.72-0.46 LP -0.541.26 PL PBT0.50-0.67 LP -1.400.51 PL NP0.42-0.52 LP -1.480.36 PL

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