Palco Metals reports consolidated net loss of Rs 0.06 crore in the March 2020 quarter

Sales decline 32.92% to Rs 15.20 crore

Net Loss of Palco Metals reported to Rs 0.06 crore in the quarter ended March 2020 as against net loss of Rs 1.47 crore during the previous quarter ended March 2019. Sales declined 32.92% to Rs 15.20 crore in the quarter ended March 2020 as against Rs 22.66 crore during the previous quarter ended March 2019.

For the full year,net profit reported to Rs 0.32 crore in the year ended March 2020 as against net loss of Rs 0.54 crore during the previous year ended March 2019. Sales declined 44.81% to Rs 61.57 crore in the year ended March 2020 as against Rs 111.56 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales15.2022.66 -33 61.57111.56 -45 OPM %5.99-0.84 -3.231.39 - PBDT0.15-0.95 LP 0.87-0.01 LP PBT0.03-1.45 LP 0.40-0.51 LP NP-0.06-1.47 96 0.32-0.54 LP

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