Nicco Parks & Resorts reports consolidated net loss of Rs 0.86 crore in the March 2020 quarter

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Sales decline 17.80% to Rs 12.47 crore
Net loss of Nicco Parks & Resorts reported to Rs 0.86 crore in the quarter ended March 2020 as against net profit of Rs 1.32 crore during the previous quarter ended March 2019. Sales declined 17.80% to Rs 12.47 crore in the quarter ended March 2020 as against Rs 15.17 crore during the previous quarter ended March 2019.For the full year,net profit declined 20.21% to Rs 7.46 crore in the year ended March 2020 as against Rs 9.35 crore during the previous year ended March 2019. Sales declined 1.64% to Rs 54.55 crore in the year ended March 2020 as against Rs 55.46 crore during the previous year ended March 2019.
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First Published: Sep 01 2020 | 3:17 PM IST