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M M Forgings reports standalone net loss of Rs 4.95 crore in the June 2020 quarter

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Capital Market

Sales decline 64.90% to Rs 72.93 crore

Net loss of M M Forgings reported to Rs 4.95 crore in the quarter ended June 2020 as against net profit of Rs 16.30 crore during the previous quarter ended June 2019. Sales declined 64.90% to Rs 72.93 crore in the quarter ended June 2020 as against Rs 207.80 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales72.93207.80 -65 OPM %9.5719.46 -PBDT8.0534.27 -77 PBT-4.9520.27 PL NP-4.9516.30 PL

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First Published: Jul 30 2020 | 8:33 AM IST

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