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Greaves Cotton reports consolidated net loss of Rs 22.49 crore in the September 2020 quarter

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Capital Market

Sales decline 35.72% to Rs 329.38 crore

Net loss of Greaves Cotton reported to Rs 22.49 crore in the quarter ended September 2020 as against net profit of Rs 43.88 crore during the previous quarter ended September 2019. Sales declined 35.72% to Rs 329.38 crore in the quarter ended September 2020 as against Rs 512.42 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales329.38512.42 -36 OPM %4.7710.74 -PBDT15.1460.34 -75 PBT-0.1444.22 PL NP-22.4943.88 PL

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First Published: Nov 05 2020 | 6:07 PM IST

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