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Kirloskar Electric Company reports consolidated net loss of Rs 11.27 crore in the December 2020 quarter

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Capital Market

Sales decline 7.60% to Rs 77.13 crore

Net loss of Kirloskar Electric Company reported to Rs 11.27 crore in the quarter ended December 2020 as against net profit of Rs 54.65 crore during the previous quarter ended December 2019. Sales declined 7.60% to Rs 77.13 crore in the quarter ended December 2020 as against Rs 83.47 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales77.1383.47 -8 OPM %-4.780.96 -PBDT-9.7156.29 PL PBT-11.2754.65 PL NP-11.2754.65 PL

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First Published: Feb 10 2021 | 3:05 PM IST

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