Ador Fontech reports consolidated net loss of Rs 0.03 crore in the March 2020 quarter

Sales decline 27.88% to Rs 34.17 crore

Net loss of Ador Fontech reported to Rs 0.03 crore in the quarter ended March 2020 as against net profit of Rs 1.97 crore during the previous quarter ended March 2019. Sales declined 27.88% to Rs 34.17 crore in the quarter ended March 2020 as against Rs 47.38 crore during the previous quarter ended March 2019.

For the full year,net profit declined 19.65% to Rs 8.83 crore in the year ended March 2020 as against Rs 10.99 crore during the previous year ended March 2019. Sales declined 4.98% to Rs 177.15 crore in the year ended March 2020 as against Rs 186.43 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales34.1747.38 -28 177.15186.43 -5 OPM %-2.464.83 -8.149.02 - PBDT0.133.48 -96 16.8119.57 -14 PBT-0.412.97 PL 13.6116.29 -16 NP-0.031.97 PL 8.8310.99 -20

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