IFCI reports standalone net loss of Rs 740.17 crore in the December 2020 quarter

Sales decline 17.81% to Rs 400.18 crore

Net loss of IFCI reported to Rs 740.17 crore in the quarter ended December 2020 as against net profit of Rs 313.48 crore during the previous quarter ended December 2019. Sales declined 17.81% to Rs 400.18 crore in the quarter ended December 2020 as against Rs 486.90 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales400.18486.90 -18 OPM %-150.4969.14 -PBDT-877.24-7.39 -11771 PBT-883.88-15.17 -5726 NP-740.17313.48 PL

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