MT Educare reports consolidated net loss of Rs 59.03 crore in the March 2020 quarter

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Sales decline 53.67% to Rs 23.30 crore
Net loss of MT Educare reported to Rs 59.03 crore in the quarter ended March 2020 as against net profit of Rs 4.75 crore during the previous quarter ended March 2019. Sales declined 53.67% to Rs 23.30 crore in the quarter ended March 2020 as against Rs 50.29 crore during the previous quarter ended March 2019.For the full year,net loss reported to Rs 45.93 crore in the year ended March 2020 as against net profit of Rs 9.12 crore during the previous year ended March 2019. Sales declined 10.24% to Rs 205.16 crore in the year ended March 2020 as against Rs 228.56 crore during the previous year ended March 2019.
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First Published: Sep 26 2020 | 12:18 PM IST