Pearl Polymers reports standalone net loss of Rs 1.94 crore in the March 2020 quarter

Sales decline 29.01% to Rs 31.44 crore

Net loss of Pearl Polymers reported to Rs 1.94 crore in the quarter ended March 2020 as against net profit of Rs 1.29 crore during the previous quarter ended March 2019. Sales declined 29.01% to Rs 31.44 crore in the quarter ended March 2020 as against Rs 44.29 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 11.15 crore in the year ended March 2020 as against net loss of Rs 4.86 crore during the previous year ended March 2019. Sales declined 21.93% to Rs 139.53 crore in the year ended March 2020 as against Rs 178.72 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales31.4444.29 -29 139.53178.72 -22 OPM %-6.554.18 --3.171.52 - PBDT-1.651.38 PL -6.10-0.02 -30400 PBT-3.26-0.16 -1938 -12.47-6.31 -98 NP-1.941.29 PL -11.15-4.86 -129

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