Business Standard

Rane (Madras) reports consolidated net loss of Rs 17.31 crore in the March 2020 quarter

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Capital Market

Sales decline 22.85% to Rs 282.00 crore

Net Loss of Rane (Madras) reported to Rs 17.31 crore in the quarter ended March 2020 as against net loss of Rs 7.79 crore during the previous quarter ended March 2019. Sales declined 22.85% to Rs 282.00 crore in the quarter ended March 2020 as against Rs 365.50 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 45.51 crore in the year ended March 2020 as against net profit of Rs 2.42 crore during the previous year ended March 2019. Sales declined 18.44% to Rs 1228.35 crore in the year ended March 2020 as against Rs 1506.16 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales282.00365.50 -23 1228.351506.16 -18 OPM %1.066.09 -3.747.70 - PBDT1.9215.77 -88 23.0691.58 -75 PBT-15.67-1.35 -1061 -42.5725.63 PL NP-17.31-7.79 -122 -45.512.42 PL

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First Published: Jun 18 2020 | 3:23 PM IST

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