Praxis Home Retail reports standalone net loss of Rs 24.86 crore in the March 2020 quarter

Sales decline 4.05% to Rs 152.68 crore

Net Loss of Praxis Home Retail reported to Rs 24.86 crore in the quarter ended March 2020 as against net loss of Rs 25.01 crore during the previous quarter ended March 2019. Sales declined 4.05% to Rs 152.68 crore in the quarter ended March 2020 as against Rs 159.12 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 80.74 crore in the year ended March 2020 as against net loss of Rs 26.94 crore during the previous year ended March 2019. Sales rose 2.92% to Rs 702.77 crore in the year ended March 2020 as against Rs 682.81 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales152.68159.12 -4 702.77682.81 3 OPM %-0.30-14.92 -2.18-3.45 - PBDT-10.34-23.91 57 -23.83-25.69 7 PBT-24.85-24.13 -3 -80.73-26.10 -209 NP-24.86-25.01 1 -80.74-26.94 -200

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