MT Educare reports standalone net loss of Rs 56.99 crore in the March 2020 quarter

Sales decline 59.10% to Rs 16.37 crore

Net loss of MT Educare reported to Rs 56.99 crore in the quarter ended March 2020 as against net profit of Rs 7.01 crore during the previous quarter ended March 2019. Sales declined 59.10% to Rs 16.37 crore in the quarter ended March 2020 as against Rs 40.02 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 52.30 crore in the year ended March 2020 as against net profit of Rs 7.30 crore during the previous year ended March 2019. Sales declined 19.41% to Rs 146.68 crore in the year ended March 2020 as against Rs 182.00 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales16.3740.02 -59 146.68182.00 -19 OPM %-78.8017.97 -13.5311.07 - PBDT-12.0211.94 PL 21.3723.47 -9 PBT-23.228.65 PL -15.859.13 PL NP-56.997.01 PL -52.307.30 PL

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