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Swastika Investmart reports consolidated net loss of Rs 1.67 crore in the March 2020 quarter

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Capital Market

Sales rise 44.69% to Rs 15.93 crore

Net loss of Swastika Investmart reported to Rs 1.67 crore in the quarter ended March 2020 as against net profit of Rs 0.29 crore during the previous quarter ended March 2019. Sales rose 44.69% to Rs 15.93 crore in the quarter ended March 2020 as against Rs 11.01 crore during the previous quarter ended March 2019.

For the full year,net profit declined 84.85% to Rs 0.70 crore in the year ended March 2020 as against Rs 4.62 crore during the previous year ended March 2019. Sales rose 17.47% to Rs 52.37 crore in the year ended March 2020 as against Rs 44.58 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales15.9311.01 45 52.3744.58 17 OPM %9.1729.70 -13.3527.57 - PBDT-1.560.74 PL 2.777.13 -61 PBT-1.830.49 PL 1.706.18 -72 NP-1.670.29 PL 0.704.62 -85

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First Published: Jul 29 2020 | 8:01 AM IST

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