Konark Synthetic reports consolidated net loss of Rs 5.99 crore in the March 2020 quarter

Sales decline 27.33% to Rs 12.02 crore

Net Loss of Konark Synthetic reported to Rs 5.99 crore in the quarter ended March 2020 as against net loss of Rs 3.81 crore during the previous quarter ended March 2019. Sales declined 27.33% to Rs 12.02 crore in the quarter ended March 2020 as against Rs 16.54 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 24.08 crore in the year ended March 2020 as against net loss of Rs 6.17 crore during the previous year ended March 2019. Sales declined 8.15% to Rs 71.30 crore in the year ended March 2020 as against Rs 77.63 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales12.0216.54 -27 71.3077.63 -8 OPM %-32.78-11.55 --21.801.47 - PBDT-4.89-2.89 -69 -19.18-1.48 -1196 PBT-5.91-4.03 -47 -24.00-6.39 -276 NP-5.99-3.81 -57 -24.08-6.17 -290

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