Rama Paper Mills reports standalone net profit of Rs 0.45 crore in the March 2020 quarter

Sales decline 21.59% to Rs 27.57 crore

Net profit of Rama Paper Mills reported to Rs 0.45 crore in the quarter ended March 2020 as against net loss of Rs 4.16 crore during the previous quarter ended March 2019. Sales declined 21.59% to Rs 27.57 crore in the quarter ended March 2020 as against Rs 35.16 crore during the previous quarter ended March 2019.

For the full year,net profit declined 91.90% to Rs 2.01 crore in the year ended March 2020 as against Rs 24.80 crore during the previous year ended March 2019. Sales declined 24.57% to Rs 122.96 crore in the year ended March 2020 as against Rs 163.02 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales27.5735.16 -22 122.96163.02 -25 OPM %8.92-5.18 -5.076.59 - PBDT1.32-3.31 LP 5.3228.06 -81 PBT0.45-4.16 LP 2.0124.80 -92 NP0.45-4.16 LP 2.0124.80 -92

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