Coastal Corporation reports consolidated net loss of Rs 1.28 crore in the March 2021 quarter

Sales rise 21.88% to Rs 129.33 crore

Net Loss of Coastal Corporation reported to Rs 1.28 crore in the quarter ended March 2021 as against net loss of Rs 4.13 crore during the previous quarter ended March 2020. Sales rose 21.88% to Rs 129.33 crore in the quarter ended March 2021 as against Rs 106.11 crore during the previous quarter ended March 2020.

For the full year,net profit declined 45.98% to Rs 18.41 crore in the year ended March 2021 as against Rs 34.08 crore during the previous year ended March 2020. Sales declined 21.65% to Rs 473.48 crore in the year ended March 2021 as against Rs 604.28 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales129.33106.11 22 473.48604.28 -22 OPM %-1.41-7.50 -5.396.62 - PBDT0.43-2.87 LP 29.6647.95 -38 PBT-0.57-3.64 84 26.1344.63 -41 NP-1.28-4.13 69 18.4134.08 -46

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