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Axon Ventures reports standalone net loss of Rs 0.01 crore in the March 2020 quarter

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Capital Market

Sales decline 69.57% to Rs 0.14 crore

Net loss of Axon Ventures reported to Rs 0.01 crore in the quarter ended March 2020 as against net profit of Rs 0.34 crore during the previous quarter ended March 2019. Sales declined 69.57% to Rs 0.14 crore in the quarter ended March 2020 as against Rs 0.46 crore during the previous quarter ended March 2019.

For the full year,net profit reported to Rs 0.24 crore in the year ended March 2020 as against net loss of Rs 0.59 crore during the previous year ended March 2019. Sales declined 77.64% to Rs 0.72 crore in the year ended March 2020 as against Rs 3.22 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales0.140.46 -70 0.723.22 -78 OPM %-14.29-30.43 -30.56-19.25 - PBDT-0.02-0.20 90 0.23-0.60 LP PBT-0.02-0.20 90 0.23-0.60 LP NP-0.010.34 PL 0.24-0.59 LP

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First Published: Jul 20 2020 | 7:50 AM IST

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