Ovobel Foods reports standalone net loss of Rs 0.23 crore in the March 2021 quarter

Sales rise 19.62% to Rs 28.35 crore

Net loss of Ovobel Foods reported to Rs 0.23 crore in the quarter ended March 2021 as against net profit of Rs 0.42 crore during the previous quarter ended March 2020. Sales rose 19.62% to Rs 28.35 crore in the quarter ended March 2021 as against Rs 23.70 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 1.58 crore in the year ended March 2021 as against net profit of Rs 1.08 crore during the previous year ended March 2020. Sales declined 56.89% to Rs 82.38 crore in the year ended March 2021 as against Rs 191.08 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales28.3523.70 20 82.38191.08 -57 OPM %-4.69-1.10 --6.19-3.83 - PBDT-0.670.90 PL -1.033.87 PL PBT-0.930.59 PL -1.652.21 PL NP-0.230.42 PL -1.581.08 PL

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