Rathi Industries reports standalone net loss of Rs 1.98 crore in the March 2021 quarter

Sales rise 3.54% to Rs 165.97 crore

Net loss of Rathi Industries reported to Rs 1.98 crore in the quarter ended March 2021 as against net profit of Rs 0.20 crore during the previous quarter ended March 2020. Sales rose 3.54% to Rs 165.97 crore in the quarter ended March 2021 as against Rs 160.30 crore during the previous quarter ended March 2020.

For the full year,net profit rose 108.73% to Rs 2.63 crore in the year ended March 2021 as against Rs 1.26 crore during the previous year ended March 2020. Sales declined 33.42% to Rs 455.81 crore in the year ended March 2021 as against Rs 684.65 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales165.97160.30 4 455.81684.65 -33 OPM %3.724.62 -4.652.81 - PBDT3.005.25 -43 11.5711.64 -1 PBT-1.553.82 PL 4.236.22 -32 NP-1.980.20 PL 2.631.26 109

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