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Avon Mercantile reports standalone nil net profit/loss in the September 2020 quarter

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Capital Market

Sales decline 11.18% to Rs 1.35 crore

Avon Mercantile reported no net profit/loss in the quarter ended September 2020 as against net loss of Rs 0.28 crore during the previous quarter ended September 2019. Sales declined 11.18% to Rs 1.35 crore in the quarter ended September 2020 as against Rs 1.52 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales1.351.52 -11 OPM %83.7074.34 -PBDT-0.03-0.28 89 PBT-0.03-0.28 89 NP0-0.28 100

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First Published: Nov 12 2020 | 8:33 AM IST

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