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TARC reports consolidated net loss of Rs 242.73 crore in the March 2022 quarter

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Capital Market
Last Updated : Jun 01 2022 | 5:31 PM IST

Sales decline 85.04% to Rs 11.44 crore

Net loss of TARC reported to Rs 242.73 crore in the quarter ended March 2022 as against net profit of Rs 0.96 crore during the previous quarter ended March 2021. Sales declined 85.04% to Rs 11.44 crore in the quarter ended March 2022 as against Rs 76.48 crore during the previous quarter ended March 2021.

For the full year,net loss reported to Rs 232.74 crore in the year ended March 2022 as against net profit of Rs 6.18 crore during the previous year ended March 2021. Sales rose 31.21% to Rs 250.55 crore in the year ended March 2022 as against Rs 190.96 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales11.4476.48 -85 250.55190.96 31 OPM %-2365.91-14.91 --73.63-0.12 - PBDT-279.823.60 PL -220.669.09 PL PBT-282.941.73 PL -229.330.93 PL NP-242.730.96 PL -232.746.18 PL

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First Published: Jun 01 2022 | 5:16 PM IST

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