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Nandan Denim reports standalone net loss of Rs 7.59 crore in the March 2020 quarter

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Capital Market

Sales decline 20.71% to Rs 308.11 crore

Net loss of Nandan Denim reported to Rs 7.59 crore in the quarter ended March 2020 as against net profit of Rs 4.07 crore during the previous quarter ended March 2019. Sales declined 20.71% to Rs 308.11 crore in the quarter ended March 2020 as against Rs 388.60 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 0.51 crore in the year ended March 2020 as against net profit of Rs 22.08 crore during the previous year ended March 2019. Sales rose 4.68% to Rs 1524.26 crore in the year ended March 2020 as against Rs 1456.05 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales308.11388.60 -21 1524.261456.05 5 OPM %0.799.31 -6.5110.30 - PBDT6.7330.31 -78 80.50136.23 -41 PBT-14.6610.79 PL -7.2031.82 PL NP-7.594.07 PL -0.5122.08 PL

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First Published: Jul 29 2020 | 8:03 AM IST

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