Shree Karthik Papers reports standalone net loss of Rs 0.98 crore in the March 2020 quarter

Sales decline 37.27% to Rs 9.46 crore

Net Loss of Shree Karthik Papers reported to Rs 0.98 crore in the quarter ended March 2020 as against net loss of Rs 14.78 crore during the previous quarter ended March 2019. Sales declined 37.27% to Rs 9.46 crore in the quarter ended March 2020 as against Rs 15.08 crore during the previous quarter ended March 2019.

For the full year,net profit reported to Rs 0.01 crore in the year ended March 2020 as against net loss of Rs 12.34 crore during the previous year ended March 2019. Sales declined 29.21% to Rs 44.21 crore in the year ended March 2020 as against Rs 62.45 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales9.4615.08 -37 44.2162.45 -29 OPM %-2.75-101.39 -6.88-15.53 - PBDT-0.58-15.53 96 1.34-10.90 LP PBT-0.89-15.81 94 0.13-12.08 LP NP-0.98-14.78 93 0.01-12.34 LP

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