Business Standard

Pradeep Metals reports consolidated net loss of Rs 0.55 crore in the March 2020 quarter

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Capital Market

Sales decline 18.04% to Rs 42.84 crore

Net loss of Pradeep Metals reported to Rs 0.55 crore in the quarter ended March 2020 as against net profit of Rs 2.58 crore during the previous quarter ended March 2019. Sales declined 18.04% to Rs 42.84 crore in the quarter ended March 2020 as against Rs 52.27 crore during the previous quarter ended March 2019.

For the full year,net profit declined 17.99% to Rs 7.66 crore in the year ended March 2020 as against Rs 9.34 crore during the previous year ended March 2019. Sales rose 1.97% to Rs 195.23 crore in the year ended March 2020 as against Rs 191.45 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales42.8452.27 -18 195.23191.45 2 OPM %14.8913.03 -14.1714.41 - PBDT5.305.38 -1 22.1220.44 8 PBT3.333.79 -12 14.4614.18 2 NP-0.552.58 PL 7.669.34 -18

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First Published: Jun 30 2020 | 3:04 PM IST

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