Morarjee Textiles reports consolidated net loss of Rs 12.25 crore in the March 2020 quarter

Sales decline 9.84% to Rs 86.51 crore

Net Loss of Morarjee Textiles reported to Rs 12.25 crore in the quarter ended March 2020 as against net loss of Rs 3.72 crore during the previous quarter ended March 2019. Sales declined 9.84% to Rs 86.51 crore in the quarter ended March 2020 as against Rs 95.95 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 26.45 crore in the year ended March 2020 as against net loss of Rs 24.55 crore during the previous year ended March 2019. Sales rose 9.59% to Rs 382.04 crore in the year ended March 2020 as against Rs 348.61 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales86.5195.95 -10 382.04348.61 10 OPM %1.9715.02 -11.0411.80 - PBDT-11.790.93 PL -12.92-11.18 -16 PBT-17.68-4.81 -268 -36.64-34.39 -7 NP-12.25-3.72 -229 -26.45-24.55 -8

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