Shri Niwas Leasing & Finance standalone net profit declines 92.00% in the March 2020 quarter

Sales decline 93.48% to Rs 0.03 crore

Net profit of Shri Niwas Leasing & Finance declined 92.00% to Rs 0.02 crore in the quarter ended March 2020 as against Rs 0.25 crore during the previous quarter ended March 2019. Sales declined 93.48% to Rs 0.03 crore in the quarter ended March 2020 as against Rs 0.46 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 0.75 crore in the year ended March 2020 as against net profit of Rs 0.18 crore during the previous year ended March 2019. Sales declined 32.00% to Rs 0.34 crore in the year ended March 2020 as against Rs 0.50 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales0.030.46 -93 0.340.50 -32 OPM %100.0067.39 --217.6548.00 - PBDT0.030.31 -90 -0.740.24 PL PBT0.020.29 -93 -0.750.22 PL NP0.020.25 -92 -0.750.18 PL

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