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IFCI reports consolidated net loss of Rs 854.20 crore in the March 2021 quarter

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Capital Market

Sales decline 80.99% to Rs 177.12 crore

Net Loss of IFCI reported to Rs 854.20 crore in the quarter ended March 2021 as against net loss of Rs 572.82 crore during the previous quarter ended March 2020. Sales declined 80.99% to Rs 177.12 crore in the quarter ended March 2021 as against Rs 931.82 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 1941.51 crore in the year ended March 2021 as against net loss of Rs 230.44 crore during the previous year ended March 2020. Sales declined 28.10% to Rs 2066.36 crore in the year ended March 2021 as against Rs 2873.90 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales177.12931.82 -81 2066.362873.90 -28 OPM %-221.63-10.77 --43.3149.08 - PBDT-646.77-489.20 -32 -2014.77-8.94 -22437 PBT-665.31-508.64 -31 -2087.16-90.28 -2212 NP-854.20-572.82 -49 -1941.51-230.44 -743

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First Published: Jun 29 2021 | 8:15 AM IST

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