Minda Corporation reports standalone net loss of Rs 28.72 crore in the June 2020 quarter

Sales decline 69.95% to Rs 169.11 crore

Net loss of Minda Corporation reported to Rs 28.72 crore in the quarter ended June 2020 as against net profit of Rs 28.25 crore during the previous quarter ended June 2019. Sales declined 69.95% to Rs 169.11 crore in the quarter ended June 2020 as against Rs 562.84 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales169.11562.84 -70 OPM %-11.7211.39 -PBDT-18.4662.02 PL PBT-37.7541.84 PL NP-28.7228.25 PL

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