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V I P Industries reports consolidated net loss of Rs 51.32 crore in the June 2020 quarter

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Capital Market

Sales decline 92.85% to Rs 40.33 crore

Net loss of V I P Industries reported to Rs 51.32 crore in the quarter ended June 2020 as against net profit of Rs 35.08 crore during the previous quarter ended June 2019. Sales declined 92.85% to Rs 40.33 crore in the quarter ended June 2020 as against Rs 564.18 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales40.33564.18 -93 OPM %-143.4222.17 -PBDT-46.49122.39 PL PBT-67.38103.18 PL NP-51.3235.08 PL

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First Published: Aug 05 2020 | 4:18 PM IST

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