Monnet Ispat & Energy reports consolidated net loss of Rs 104.48 crore in the March 2020 quarter

Sales rise 15.68% to Rs 613.75 crore

Net Loss of Monnet Ispat & Energy reported to Rs 104.48 crore in the quarter ended March 2020 as against net loss of Rs 149.80 crore during the previous quarter ended March 2019. Sales rose 15.68% to Rs 613.75 crore in the quarter ended March 2020 as against Rs 530.56 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 491.88 crore in the year ended March 2020 as against net loss of Rs 3552.11 crore during the previous year ended March 2019. Sales rose 39.28% to Rs 2607.76 crore in the year ended March 2020 as against Rs 1872.35 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales613.75530.56 16 2607.761872.35 39 OPM %0.88-8.20 --1.77-0.04 - PBDT-47.12-80.86 42 -273.24-419.06 35 PBT-104.48-132.42 21 -492.00-696.57 29 NP-104.48-149.80 30 -491.88-3552.11 86

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