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Patel Engineering reports consolidated net loss of Rs 71.57 crore in the September 2020 quarter

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Capital Market

Sales decline 33.14% to Rs 441.12 crore

Net loss of Patel Engineering reported to Rs 71.57 crore in the quarter ended September 2020 as against net profit of Rs 29.39 crore during the previous quarter ended September 2019. Sales declined 33.14% to Rs 441.12 crore in the quarter ended September 2020 as against Rs 659.75 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales441.12659.75 -33 OPM %10.4611.62 -PBDT-42.6553.11 PL PBT-59.9336.58 PL NP-71.5729.39 PL

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First Published: Nov 14 2020 | 3:00 PM IST

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