Walchandnagar Industries reports standalone net loss of Rs 22.14 crore in the March 2020 quarter

Sales decline 38.54% to Rs 60.43 crore

Net Loss of Walchandnagar Industries reported to Rs 22.14 crore in the quarter ended March 2020 as against net loss of Rs 6.34 crore during the previous quarter ended March 2019. Sales declined 38.54% to Rs 60.43 crore in the quarter ended March 2020 as against Rs 98.32 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 65.46 crore in the year ended March 2020 as against net loss of Rs 2.14 crore during the previous year ended March 2019. Sales declined 18.13% to Rs 298.05 crore in the year ended March 2020 as against Rs 364.05 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales60.4398.32 -39 298.05364.05 -18 OPM %-7.2514.38 -11.3022.11 - PBDT-16.760.01 PL -32.6724.89 PL PBT-22.14-6.34 -249 -55.67-2.14 -2501 NP-22.14-6.34 -249 -65.46-2.14 -2959

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