Patel Engineering reports consolidated net loss of Rs 140.86 crore in the March 2021 quarter

Sales rise 33.46% to Rs 733.58 crore

Net Loss of Patel Engineering reported to Rs 140.86 crore in the quarter ended March 2021 as against net loss of Rs 79.80 crore during the previous quarter ended March 2020. Sales rose 33.46% to Rs 733.58 crore in the quarter ended March 2021 as against Rs 549.65 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 290.76 crore in the year ended March 2021 as against net profit of Rs 11.12 crore during the previous year ended March 2020. Sales declined 23.78% to Rs 1994.79 crore in the year ended March 2021 as against Rs 2617.21 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales733.58549.65 33 1994.792617.21 -24 OPM %10.68-12.58 -11.767.08 - PBDT5.54-110.56 LP -57.6290.22 PL PBT-14.71-127.30 88 -129.6524.03 PL NP-140.86-79.80 -77 -290.7611.12 PL

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