Nitco reports consolidated net loss of Rs 28.14 crore in the December 2019 quarter

Sales decline 31.25% to Rs 115.11 crore

Net Loss of Nitco reported to Rs 28.14 crore in the quarter ended December 2019 as against net loss of Rs 10.67 crore during the previous quarter ended December 2018. Sales declined 31.25% to Rs 115.11 crore in the quarter ended December 2019 as against Rs 167.43 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales115.11167.43 -31 OPM %-12.971.67 -PBDT-19.61-2.49 -688 PBT-29.29-12.36 -137 NP-28.14-10.67 -164

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