Kay Power & Paper reports standalone net loss of Rs 0.01 crore in the March 2020 quarter

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Sales decline 33.75% to Rs 7.36 crore
Net loss of Kay Power & Paper reported to Rs 0.01 crore in the quarter ended March 2020 as against net profit of Rs 0.43 crore during the previous quarter ended March 2019. Sales declined 33.75% to Rs 7.36 crore in the quarter ended March 2020 as against Rs 11.11 crore during the previous quarter ended March 2019.For the full year,no net profit/loss reported in the year ended March 2020 as against net profit of Rs 0.07 crore during the previous year ended March 2019. Sales declined 25.28% to Rs 29.61 crore in the year ended March 2020 as against Rs 39.63 crore during the previous year ended March 2019.
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First Published: Jun 27 2020 | 9:36 AM IST