Alps Motor Finance reports standalone net loss of Rs 3.55 crore in the March 2020 quarter

Sales decline 99.88% to Rs 0.09 crore

Net Loss of Alps Motor Finance reported to Rs 3.55 crore in the quarter ended March 2020 as against net loss of Rs 2.58 crore during the previous quarter ended March 2019. Sales declined 99.88% to Rs 0.09 crore in the quarter ended March 2020 as against Rs 75.69 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 8.01 crore in the year ended March 2020 as against net loss of Rs 3.64 crore during the previous year ended March 2019. Sales declined 97.58% to Rs 9.34 crore in the year ended March 2020 as against Rs 386.54 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales0.0975.69 -100 9.34386.54 -98 OPM %-4077.78-3.54 --88.12-1.08 - PBDT-3.55-2.58 -38 -8.01-3.64 -120 PBT-3.55-2.58 -38 -8.01-3.64 -120 NP-3.55-2.58 -38 -8.01-3.64 -120

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