Business Standard

Nivaka Fashions reports standalone net loss of Rs 1.74 crore in the March 2020 quarter

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Capital Market

Sales decline 36.67% to Rs 6.13 crore

Net loss of Nivaka Fashions reported to Rs 1.74 crore in the quarter ended March 2020 as against net profit of Rs 0.42 crore during the previous quarter ended March 2019. Sales declined 36.67% to Rs 6.13 crore in the quarter ended March 2020 as against Rs 9.68 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 0.84 crore in the year ended March 2020 as against net profit of Rs 1.79 crore during the previous year ended March 2019. Sales declined 40.54% to Rs 21.55 crore in the year ended March 2020 as against Rs 36.24 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales6.139.68 -37 21.5536.24 -41 OPM %-28.71-0.72 --7.844.88 - PBDT-1.640.50 PL -0.692.45 PL PBT-1.740.50 PL -0.842.40 PL NP-1.740.42 PL -0.841.79 PL

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First Published: Sep 15 2020 | 8:49 AM IST

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