Morarjee Textiles reports consolidated net loss of Rs 13.67 crore in the March 2021 quarter

Sales decline 25.35% to Rs 64.58 crore

Net Loss of Morarjee Textiles reported to Rs 13.67 crore in the quarter ended March 2021 as against net loss of Rs 12.25 crore during the previous quarter ended March 2020. Sales declined 25.35% to Rs 64.58 crore in the quarter ended March 2021 as against Rs 86.51 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 61.67 crore in the year ended March 2021 as against net loss of Rs 26.45 crore during the previous year ended March 2020. Sales declined 49.25% to Rs 193.89 crore in the year ended March 2021 as against Rs 382.04 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales64.5886.51 -25 193.89382.04 -49 OPM %11.201.97 -1.3811.04 - PBDT-7.84-11.79 34 -50.71-12.92 -292 PBT-13.54-17.68 23 -73.99-36.64 -102 NP-13.67-12.25 -12 -61.67-26.45 -133

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