Sharat Industries reports standalone net loss of Rs 0.14 crore in the March 2020 quarter

Sales decline 34.70% to Rs 47.12 crore

Net loss of Sharat Industries reported to Rs 0.14 crore in the quarter ended March 2020 as against net profit of Rs 2.14 crore during the previous quarter ended March 2019. Sales declined 34.70% to Rs 47.12 crore in the quarter ended March 2020 as against Rs 72.16 crore during the previous quarter ended March 2019.

For the full year,net profit declined 40.60% to Rs 1.77 crore in the year ended March 2020 as against Rs 2.98 crore during the previous year ended March 2019. Sales rose 2.86% to Rs 199.99 crore in the year ended March 2020 as against Rs 194.43 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales47.1272.16 -35 199.99194.43 3 OPM %4.676.42 -5.795.82 - PBDT0.793.43 -77 5.976.92 -14 PBT02.45 -100 2.583.66 -30 NP-0.142.14 PL 1.772.98 -41

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