Patel Engineering reports standalone net loss of Rs 17.35 crore in the March 2021 quarter

Sales rise 30.30% to Rs 623.50 crore

Net Loss of Patel Engineering reported to Rs 17.35 crore in the quarter ended March 2021 as against net loss of Rs 62.48 crore during the previous quarter ended March 2020. Sales rose 30.30% to Rs 623.50 crore in the quarter ended March 2021 as against Rs 478.50 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 138.39 crore in the year ended March 2021 as against net profit of Rs 37.16 crore during the previous year ended March 2020. Sales declined 26.31% to Rs 1719.12 crore in the year ended March 2021 as against Rs 2333.06 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales623.50478.50 30 1719.122333.06 -26 OPM %9.21-14.85 -9.825.34 - PBDT5.90-81.10 LP -57.22108.70 PL PBT-10.88-95.90 89 -121.1350.07 PL NP-17.35-62.48 72 -138.3937.16 PL

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