Organic Coatings reports standalone net loss of Rs 0.28 crore in the March 2021 quarter

Sales decline 17.87% to Rs 5.10 crore

Net Loss of Organic Coatings reported to Rs 0.28 crore in the quarter ended March 2021 as against net loss of Rs 0.36 crore during the previous quarter ended March 2020. Sales declined 17.87% to Rs 5.10 crore in the quarter ended March 2021 as against Rs 6.21 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 2.15 crore in the year ended March 2021 as against net loss of Rs 0.51 crore during the previous year ended March 2020. Sales declined 49.52% to Rs 13.72 crore in the year ended March 2021 as against Rs 27.18 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales5.106.21 -18 13.7227.18 -50 OPM %4.710.32 -1.174.45 - PBDT0.070.02 250 -0.850.78 PL PBT-0.28-0.36 22 -2.15-0.51 -322 NP-0.28-0.36 22 -2.15-0.51 -322

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