Pearl Global Industries reports consolidated net loss of Rs 0.17 crore in the March 2020 quarter

Sales rise 3.17% to Rs 518.47 crore

Net loss of Pearl Global Industries reported to Rs 0.17 crore in the quarter ended March 2020 as against net profit of Rs 35.86 crore during the previous quarter ended March 2019. Sales rose 3.17% to Rs 518.47 crore in the quarter ended March 2020 as against Rs 502.54 crore during the previous quarter ended March 2019.

For the full year,net profit declined 67.95% to Rs 21.56 crore in the year ended March 2020 as against Rs 67.28 crore during the previous year ended March 2019. Sales declined 4.12% to Rs 1685.13 crore in the year ended March 2020 as against Rs 1757.50 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales518.47502.54 3 1685.131757.50 -4 OPM %2.914.24 -3.975.01 - PBDT14.6625.81 -43 73.9791.61 -19 PBT2.9419.91 -85 31.9265.72 -51 NP-0.1735.86 PL 21.5667.28 -68

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