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Global Offshore Services reports consolidated net loss of Rs 13.61 crore in the March 2022 quarter

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Capital Market

Sales decline 14.74% to Rs 18.51 crore

Net loss of Global Offshore Services reported to Rs 13.61 crore in the quarter ended March 2022 as against net profit of Rs 163.60 crore during the previous quarter ended March 2021. Sales declined 14.74% to Rs 18.51 crore in the quarter ended March 2022 as against Rs 21.71 crore during the previous quarter ended March 2021.

For the full year,net loss reported to Rs 62.22 crore in the year ended March 2022 as against net profit of Rs 218.11 crore during the previous year ended March 2021. Sales declined 16.35% to Rs 64.97 crore in the year ended March 2022 as against Rs 77.67 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales18.5121.71 -15 64.9777.67 -16 OPM %7.51-10.04 -4.71-10.40 - PBDT-4.355.20 PL -19.72-29.94 34 PBT-11.26-2.67 -322 -54.82-60.43 9 NP-13.61163.60 PL -62.22218.11 PL

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First Published: May 30 2022 | 4:51 PM IST

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