Reliance Home Finance reports standalone net loss of Rs 238.37 crore in the March 2020 quarter

Sales decline 53.40% to Rs 276.85 crore

Net Loss of Reliance Home Finance reported to Rs 238.37 crore in the quarter ended March 2020 as against net loss of Rs 110.20 crore during the previous quarter ended March 2019. Sales declined 53.40% to Rs 276.85 crore in the quarter ended March 2020 as against Rs 594.16 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 375.32 crore in the year ended March 2020 as against net profit of Rs 67.42 crore during the previous year ended March 2019. Sales declined 19.49% to Rs 1577.85 crore in the year ended March 2020 as against Rs 1959.86 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales276.85594.16 -53 1577.851959.86 -19 OPM %-18.9038.69 -47.9671.98 - PBDT-359.23-159.04 -126 -563.66104.98 PL PBT-359.85-160.02 -125 -567.28101.60 PL NP-238.37-110.20 -116 -375.3267.42 PL

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