Pranavaditya Spinning Mills reports standalone net profit of Rs 0.09 crore in the March 2020 quarter

Sales decline 29.26% to Rs 14.99 crore

Net profit of Pranavaditya Spinning Mills reported to Rs 0.09 crore in the quarter ended March 2020 as against net loss of Rs 0.14 crore during the previous quarter ended March 2019. Sales declined 29.26% to Rs 14.99 crore in the quarter ended March 2020 as against Rs 21.19 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 2.68 crore in the year ended March 2020 as against net loss of Rs 0.66 crore during the previous year ended March 2019. Sales declined 15.62% to Rs 69.41 crore in the year ended March 2020 as against Rs 82.26 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales14.9921.19 -29 69.4182.26 -16 OPM %3.870.66 --3.520.66 - PBDT0.440.10 340 -2.710.26 PL PBT0.13-0.21 LP -3.96-0.97 -308 NP0.09-0.14 LP -2.68-0.66 -306

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