Navkar Builders reports standalone net loss of Rs 1.84 crore in the March 2020 quarter

Sales decline 96.07% to Rs 2.15 crore

Net loss of Navkar Builders reported to Rs 1.84 crore in the quarter ended March 2020 as against net profit of Rs 4.12 crore during the previous quarter ended March 2019. Sales declined 96.07% to Rs 2.15 crore in the quarter ended March 2020 as against Rs 54.75 crore during the previous quarter ended March 2019.

For the full year,net profit declined 92.99% to Rs 0.39 crore in the year ended March 2020 as against Rs 5.56 crore during the previous year ended March 2019. Sales declined 71.28% to Rs 44.46 crore in the year ended March 2020 as against Rs 154.82 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales2.1554.75 -96 44.46154.82 -71 OPM %-89.3011.91 -5.116.16 - PBDT-1.496.91 PL 1.868.74 -79 PBT-1.656.62 PL 0.957.86 -88 NP-1.844.12 PL 0.395.56 -93

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