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Schaeffler India reports standalone net loss of Rs 42.47 crore in the June 2020 quarter

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Capital Market

Sales decline 60.70% to Rs 438.88 crore

Net loss of Schaeffler India reported to Rs 42.47 crore in the quarter ended June 2020 as against net profit of Rs 82.48 crore during the previous quarter ended June 2019. Sales declined 60.70% to Rs 438.88 crore in the quarter ended June 2020 as against Rs 1116.70 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales438.881116.70 -61 OPM %-4.5114.27 -PBDT-6.73171.02 PL PBT-56.63132.55 PL NP-42.4782.48 PL

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First Published: Jul 25 2020 | 8:43 AM IST

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