Riga Sugar Company reports standalone net loss of Rs 30.27 crore in the March 2021 quarter

Sales decline 99.68% to Rs 0.14 crore

Net Loss of Riga Sugar Company reported to Rs 30.27 crore in the quarter ended March 2021 as against net loss of Rs 3.42 crore during the previous quarter ended March 2020. Sales declined 99.68% to Rs 0.14 crore in the quarter ended March 2021 as against Rs 43.14 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 47.37 crore in the year ended March 2021 as against net loss of Rs 24.10 crore during the previous year ended March 2020. Sales declined 48.32% to Rs 79.14 crore in the year ended March 2021 as against Rs 153.13 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales0.1443.14 -100 79.14153.13 -48 OPM %-10550.00-8.76 --26.13-5.24 - PBDT-19.66-1.87 -951 -32.82-18.89 -74 PBT-20.91-3.42 -511 -38.01-24.10 -58 NP-30.27-3.42 -785 -47.37-24.10 -97

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