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Rainbow Foundations reports standalone net loss of Rs 0.02 crore in the March 2020 quarter

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Capital Market

Sales decline 50.17% to Rs 11.84 crore

Net Loss of Rainbow Foundations reported to Rs 0.02 crore in the quarter ended March 2020 as against net loss of Rs 0.04 crore during the previous quarter ended March 2019. Sales declined 50.17% to Rs 11.84 crore in the quarter ended March 2020 as against Rs 23.76 crore during the previous quarter ended March 2019.

For the full year,net profit rose 165.63% to Rs 1.70 crore in the year ended March 2020 as against Rs 0.64 crore during the previous year ended March 2019. Sales declined 31.54% to Rs 25.85 crore in the year ended March 2020 as against Rs 37.76 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales11.8423.76 -50 25.8537.76 -32 OPM %26.94-2.10 -19.4213.56 - PBDT0.620.51 22 2.411.28 88 PBT0.600.48 25 2.321.16 100 NP-0.02-0.04 50 1.700.64 166

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First Published: Jul 01 2020 | 4:36 PM IST

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