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State Trading Corporation of India reports consolidated net loss of Rs 28.20 crore in the March 2021 quarter

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Capital Market

Sales decline 98.97% to Rs 2.10 crore

Net Loss of State Trading Corporation of India reported to Rs 28.20 crore in the quarter ended March 2021 as against net loss of Rs 6.72 crore during the previous quarter ended March 2020. Sales declined 98.97% to Rs 2.10 crore in the quarter ended March 2021 as against Rs 204.39 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 50.45 crore in the year ended March 2021 as against net loss of Rs 114.09 crore during the previous year ended March 2020. Sales declined 91.49% to Rs 249.81 crore in the year ended March 2021 as against Rs 2936.74 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales2.10204.39 -99 249.812936.74 -91 OPM %-1770.00-11.12 --37.09-3.25 - PBDT-23.51-7.13 -230 -36.98-24.40 -52 PBT-28.08-13.03 -116 -52.87-39.90 -33 NP-28.20-6.72 -320 -50.45-114.09 56

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First Published: Jun 26 2021 | 7:46 AM IST

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