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NEL Holdings South reports consolidated net loss of Rs 305.66 crore in the March 2022 quarter

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Capital Market

Sales decline 59.48% to Rs 22.11 crore

Net Loss of NEL Holdings South reported to Rs 305.66 crore in the quarter ended March 2022 as against net loss of Rs 44.11 crore during the previous quarter ended March 2021. Sales declined 59.48% to Rs 22.11 crore in the quarter ended March 2022 as against Rs 54.57 crore during the previous quarter ended March 2021.

For the full year,net loss reported to Rs 65.30 crore in the year ended March 2022 as against net loss of Rs 205.13 crore during the previous year ended March 2021. Sales declined 24.45% to Rs 94.30 crore in the year ended March 2022 as against Rs 124.82 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales22.1154.57 -59 94.30124.82 -24 OPM %-115.88-52.94 --12.29-223.51 - PBDT-49.42-42.46 -16 84.33-182.49 LP PBT-49.49-42.52 -16 84.19-182.72 LP NP-305.66-44.11 -593 -65.30-205.13 68

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First Published: Apr 30 2022 | 9:01 AM IST

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