Ortel Communications reports consolidated net loss of Rs 8.30 crore in the March 2021 quarter

Sales decline 28.94% to Rs 14.68 crore

Net Loss of Ortel Communications reported to Rs 8.30 crore in the quarter ended March 2021 as against net loss of Rs 8.52 crore during the previous quarter ended March 2020. Sales declined 28.94% to Rs 14.68 crore in the quarter ended March 2021 as against Rs 20.66 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 21.96 crore in the year ended March 2021 as against net loss of Rs 34.86 crore during the previous year ended March 2020. Sales declined 21.24% to Rs 67.97 crore in the year ended March 2021 as against Rs 86.30 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales14.6820.66 -29 67.9786.30 -21 OPM %-17.10-11.86 -1.37-13.57 - PBDT-2.00-2.00 0 3.66-8.69 LP PBT-8.30-8.52 3 -21.96-34.86 37 NP-8.30-8.52 3 -21.96-34.86 37

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