Business Standard

IVP reports standalone net loss of Rs 1.86 crore in the March 2020 quarter

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Capital Market

Sales decline 25.52% to Rs 56.36 crore

Net loss of IVP reported to Rs 1.86 crore in the quarter ended March 2020 as against net profit of Rs 1.64 crore during the previous quarter ended March 2019. Sales declined 25.52% to Rs 56.36 crore in the quarter ended March 2020 as against Rs 75.67 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 8.62 crore in the year ended March 2020 as against net profit of Rs 3.38 crore during the previous year ended March 2019. Sales declined 28.49% to Rs 228.76 crore in the year ended March 2020 as against Rs 319.88 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales56.3675.67 -26 228.76319.88 -28 OPM %0.040 --0.032.93 - PBDT-1.43-1.45 1 -7.973.14 PL PBT-2.69-2.19 -23 -12.830.28 PL NP-1.861.64 PL -8.623.38 PL

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First Published: Jun 29 2020 | 3:23 PM IST

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