Sturdy Industries reports standalone net loss of Rs 3.62 crore in the March 2021 quarter

Sales decline 61.40% to Rs 8.94 crore

Net loss of Sturdy Industries reported to Rs 3.62 crore in the quarter ended March 2021 as against net profit of Rs 22.94 crore during the previous quarter ended March 2020. Sales declined 61.40% to Rs 8.94 crore in the quarter ended March 2021 as against Rs 23.16 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 29.31 crore in the year ended March 2021 as against net loss of Rs 158.42 crore during the previous year ended March 2020. Sales declined 58.05% to Rs 51.19 crore in the year ended March 2021 as against Rs 122.03 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales8.9423.16 -61 51.19122.03 -58 OPM %-101.79-20.73 --29.52-91.82 - PBDT-9.21-1.20 -668 -27.04-95.85 72 PBT-9.75-2.10 -364 -30.07-99.18 70 NP-3.6222.94 PL -29.31-158.42 81

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