Panache Innovations reports standalone net loss of Rs 0.03 crore in the March 2022 quarter

Sales decline 29.20% to Rs 1.94 crore

Net loss of Panache Innovations reported to Rs 0.03 crore in the quarter ended March 2022 as against net profit of Rs 0.29 crore during the previous quarter ended March 2021. Sales declined 29.20% to Rs 1.94 crore in the quarter ended March 2022 as against Rs 2.74 crore during the previous quarter ended March 2021.

For the full year,net profit reported to Rs 0.01 crore in the year ended March 2022 as against net loss of Rs 0.10 crore during the previous year ended March 2021. Sales declined 14.55% to Rs 8.40 crore in the year ended March 2022 as against Rs 9.83 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales1.942.74 -29 8.409.83 -15 OPM %-1.0313.50 -0.12-1.83 - PBDT-0.030.37 PL 0.08-0.15 LP PBT-0.050.36 PL 0.02-0.17 LP NP-0.030.29 PL 0.01-0.10 LP

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