Ocean Agro (India) reports standalone net loss of Rs 10.24 crore in the March 2019 quarter

Sales decline 32.54% to Rs 2.82 crore

Net loss of Ocean Agro (India) reported to Rs 10.24 crore in the quarter ended March 2019 as against net profit of Rs 1.20 crore during the previous quarter ended March 2018. Sales declined 32.54% to Rs 2.82 crore in the quarter ended March 2019 as against Rs 4.18 crore during the previous quarter ended March 2018.

For the full year,net loss reported to Rs 10.44 crore in the year ended March 2019 as against net profit of Rs 0.20 crore during the previous year ended March 2018. Sales declined 6.28% to Rs 18.79 crore in the year ended March 2019 as against Rs 20.05 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales2.824.18 -33 18.7920.05 -6 OPM %-58.5135.41 --2.507.23 - PBDT-1.841.31 PL -0.960.93 PL PBT-1.971.20 PL -1.370.58 PL NP-10.241.20 PL -10.440.20 PL

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