Splendid Metal Products reports consolidated net loss of Rs 8.61 crore in the March 2021 quarter

Sales decline 43.64% to Rs 1.55 crore

Net Loss of Splendid Metal Products reported to Rs 8.61 crore in the quarter ended March 2021 as against net loss of Rs 26.30 crore during the previous quarter ended March 2020. Sales declined 43.64% to Rs 1.55 crore in the quarter ended March 2021 as against Rs 2.75 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 43.01 crore in the year ended March 2021 as against net loss of Rs 66.13 crore during the previous year ended March 2020. Sales declined 64.70% to Rs 7.13 crore in the year ended March 2021 as against Rs 20.20 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1.552.75 -44 7.1320.20 -65 OPM %-140.00-745.45 --127.63-199.85 - PBDT-2.31-19.16 88 -8.87-38.76 77 PBT-9.71-26.74 64 -38.89-78.29 50 NP-8.61-26.30 67 -43.01-66.13 35

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