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HEG reports consolidated net loss of Rs 16.08 crore in the March 2021 quarter

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Capital Market

Sales rise 1.61% to Rs 380.48 crore

Net Loss of HEG reported to Rs 16.08 crore in the quarter ended March 2021 as against net loss of Rs 376.96 crore during the previous quarter ended March 2020. Sales rose 1.61% to Rs 380.48 crore in the quarter ended March 2021 as against Rs 374.44 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 17.94 crore in the year ended March 2021 as against net profit of Rs 67.63 crore during the previous year ended March 2020. Sales declined 41.54% to Rs 1256.23 crore in the year ended March 2021 as against Rs 2149.02 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales380.48374.44 2 1256.232149.02 -42 OPM %-1.23-132.84 --4.71-0.27 - PBDT19.33-463.71 LP 42.36101.42 -58 PBT0.85-482.59 LP -30.7629.29 PL NP-16.08-376.96 96 -17.9467.63 PL

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First Published: May 28 2021 | 7:38 AM IST

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