Precision Electronics reports standalone net loss of Rs 0.47 crore in the March 2022 quarter

Sales decline 5.75% to Rs 9.51 crore

Net Loss of Precision Electronics reported to Rs 0.47 crore in the quarter ended March 2022 as against net loss of Rs 0.64 crore during the previous quarter ended March 2021. Sales declined 5.75% to Rs 9.51 crore in the quarter ended March 2022 as against Rs 10.09 crore during the previous quarter ended March 2021.

For the full year,net loss reported to Rs 1.68 crore in the year ended March 2022 as against net profit of Rs 0.57 crore during the previous year ended March 2021. Sales declined 14.78% to Rs 35.39 crore in the year ended March 2022 as against Rs 41.53 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales9.5110.09 -6 35.3941.53 -15 OPM %-0.74-4.86 --4.615.80 - PBDT-0.32-0.91 65 -1.031.35 PL PBT-0.48-1.10 56 -1.760.55 PL NP-0.47-0.64 27 -1.680.57 PL

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