Southern Magnesium & Chemicals reports standalone net loss of Rs 0.22 crore in the September 2020 quarter

Sales decline 76.71% to Rs 0.17 crore

Net loss of Southern Magnesium & Chemicals reported to Rs 0.22 crore in the quarter ended September 2020 as against net profit of Rs 0.29 crore during the previous quarter ended September 2019. Sales declined 76.71% to Rs 0.17 crore in the quarter ended September 2020 as against Rs 0.73 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales0.170.73 -77 OPM %-117.6541.10 -PBDT-0.220.29 PL PBT-0.240.27 PL NP-0.220.29 PL

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