Sales decline 7.35% to Rs 0.63 crore
Net loss of Panafic Industrials reported to Rs 0.25 crore in the quarter ended March 2020 as against net profit of Rs 0.32 crore during the previous quarter ended March 2019. Sales declined 7.35% to Rs 0.63 crore in the quarter ended March 2020 as against Rs 0.68 crore during the previous quarter ended March 2019.For the full year,net loss reported to Rs 1.37 crore in the year ended March 2020 as against net profit of Rs 0.18 crore during the previous year ended March 2019. Sales declined 38.24% to Rs 0.63 crore in the year ended March 2020 as against Rs 1.02 crore during the previous year ended March 2019.
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