Ontic Finserve reports standalone net loss of Rs 0.02 crore in the March 2021 quarter

Sales decline 66.08% to Rs 0.77 crore

Net Loss of Ontic Finserve reported to Rs 0.02 crore in the quarter ended March 2021 as against net loss of Rs 0.57 crore during the previous quarter ended March 2020. Sales declined 66.08% to Rs 0.77 crore in the quarter ended March 2021 as against Rs 2.27 crore during the previous quarter ended March 2020.

For the full year,net profit remain constant at Rs 0.04 crore in the year ended March 2021 and also during the previous year ended March 2020. Sales declined 62.92% to Rs 2.21 crore in the year ended March 2021 as against Rs 5.96 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales0.772.27 -66 2.215.96 -63 OPM %-11.69-23.79 --1.36-0.84 - PBDT-0.01-0.56 98 0.050.05 0 PBT-0.01-0.56 98 0.050.05 0 NP-0.02-0.57 96 0.040.04 0

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