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Simran Farms reports standalone net loss of Rs 18.61 crore in the March 2020 quarter

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Capital Market

Sales decline 24.11% to Rs 56.18 crore

Net loss of Simran Farms reported to Rs 18.61 crore in the quarter ended March 2020 as against net profit of Rs 0.66 crore during the previous quarter ended March 2019. Sales declined 24.11% to Rs 56.18 crore in the quarter ended March 2020 as against Rs 74.03 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 21.54 crore in the year ended March 2020 as against net profit of Rs 4.04 crore during the previous year ended March 2019. Sales declined 12.13% to Rs 281.12 crore in the year ended March 2020 as against Rs 319.92 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales56.1874.03 -24 281.12319.92 -12 OPM %-44.932.13 --9.333.14 - PBDT-25.641.33 PL -27.178.22 PL PBT-26.090.80 PL -29.276.12 PL NP-18.610.66 PL -21.544.04 PL

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First Published: Jul 16 2020 | 8:07 AM IST

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