Shrenik reports standalone net loss of Rs 1.34 crore in the March 2021 quarter

Sales decline 40.23% to Rs 83.46 crore

Net loss of Shrenik reported to Rs 1.34 crore in the quarter ended March 2021 as against net profit of Rs 0.95 crore during the previous quarter ended March 2020. Sales declined 40.23% to Rs 83.46 crore in the quarter ended March 2021 as against Rs 139.64 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 1.48 crore in the year ended March 2021 as against net profit of Rs 11.26 crore during the previous year ended March 2020. Sales declined 54.29% to Rs 363.67 crore in the year ended March 2021 as against Rs 795.56 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales83.46139.64 -40 363.67795.56 -54 OPM %-0.234.45 -3.634.18 - PBDT-1.052.32 PL 0.3117.93 -98 PBT-1.101.71 PL -1.2915.58 PL NP-1.340.95 PL -1.4811.26 PL

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