Modern India reports consolidated net loss of Rs 14.30 crore in the March 2020 quarter

Sales decline 20.83% to Rs 41.06 crore

Net loss of Modern India reported to Rs 14.30 crore in the quarter ended March 2020 as against net profit of Rs 0.55 crore during the previous quarter ended March 2019. Sales declined 20.83% to Rs 41.06 crore in the quarter ended March 2020 as against Rs 51.86 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 20.88 crore in the year ended March 2020 as against net loss of Rs 3.36 crore during the previous year ended March 2019. Sales declined 7.43% to Rs 177.27 crore in the year ended March 2020 as against Rs 191.49 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales41.0651.86 -21 177.27191.49 -7 OPM %-36.19-5.32 --10.57-4.25 - PBDT-15.691.52 PL -17.31-2.20 -687 PBT-17.080.47 PL -22.18-5.83 -280 NP-14.300.55 PL -20.88-3.36 -521

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