Oceanaa Biotek industries reports standalone net loss of Rs 1.41 crore in the March 2020 quarter

Sales rise 288.27% to Rs 12.58 crore

Net Loss of Oceanaa Biotek industries reported to Rs 1.41 crore in the quarter ended March 2020 as against net loss of Rs 23.78 crore during the previous quarter ended March 2019. Sales rose 288.27% to Rs 12.58 crore in the quarter ended March 2020 as against Rs 3.24 crore during the previous quarter ended March 2019.

For the full year,net profit reported to Rs 2.10 crore in the year ended March 2020 as against net loss of Rs 20.05 crore during the previous year ended March 2019. Sales declined 29.27% to Rs 25.66 crore in the year ended March 2020 as against Rs 36.28 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales12.583.24 288 25.6636.28 -29 OPM %-3.34-729.01 -18.36-49.48 - PBDT-0.41-23.64 98 4.66-18.06 LP PBT-0.95-23.78 96 2.49-20.56 LP NP-1.41-23.78 94 2.10-20.05 LP

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