Morgan Ventures reports standalone net loss of Rs 0.94 crore in the March 2021 quarter

Sales rise 8.08% to Rs 1.07 crore

Net Loss of Morgan Ventures reported to Rs 0.94 crore in the quarter ended March 2021 as against net loss of Rs 0.07 crore during the previous quarter ended March 2020. Sales rose 8.08% to Rs 1.07 crore in the quarter ended March 2021 as against Rs 0.99 crore during the previous quarter ended March 2020.

For the full year,net profit reported to Rs 1.46 crore in the year ended March 2021 as against net loss of Rs 0.10 crore during the previous year ended March 2020. Sales rose 372.36% to Rs 5.81 crore in the year ended March 2021 as against Rs 1.23 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1.070.99 8 5.811.23 372 OPM %87.8589.90 -95.0178.05 - PBDT0.49-0.01 LP 2.90-0.03 LP PBT0.49-0.01 LP 2.89-0.04 LP NP-0.94-0.07 -1243 1.46-0.10 LP

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