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IFCI reports consolidated net loss of Rs 572.82 crore in the March 2020 quarter

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Capital Market

Sales rise 44.31% to Rs 931.82 crore

Net Loss of IFCI reported to Rs 572.82 crore in the quarter ended March 2020 as against net loss of Rs 79.62 crore during the previous quarter ended March 2019. Sales rose 44.31% to Rs 931.82 crore in the quarter ended March 2020 as against Rs 645.70 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 230.44 crore in the year ended March 2020 as against net loss of Rs 488.67 crore during the previous year ended March 2019. Sales rose 1.86% to Rs 2873.90 crore in the year ended March 2020 as against Rs 2821.45 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales931.82645.70 44 2873.902821.45 2 OPM %-10.7762.92 -49.0830.45 - PBDT-489.20-5.32 -9095 -8.94-630.52 99 PBT-508.64-21.30 -2288 -90.28-693.98 87 NP-572.82-79.62 -619 -230.44-488.67 53

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First Published: Jun 27 2020 | 8:22 AM IST

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