Alfa Transformers reports standalone net loss of Rs 2.89 crore in the March 2020 quarter

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Sales decline 60.63% to Rs 6.54 crore
Net Loss of Alfa Transformers reported to Rs 2.89 crore in the quarter ended March 2020 as against net loss of Rs 0.90 crore during the previous quarter ended March 2019. Sales declined 60.63% to Rs 6.54 crore in the quarter ended March 2020 as against Rs 16.61 crore during the previous quarter ended March 2019.For the full year,net loss reported to Rs 7.63 crore in the year ended March 2020 as against net loss of Rs 1.41 crore during the previous year ended March 2019. Sales declined 49.04% to Rs 32.98 crore in the year ended March 2020 as against Rs 64.72 crore during the previous year ended March 2019.
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First Published: Jul 01 2020 | 5:11 PM IST