R&B Denims reports consolidated net loss of Rs 0.05 crore in the March 2020 quarter

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Sales decline 24.19% to Rs 60.03 crore
Net loss of R&B Denims reported to Rs 0.05 crore in the quarter ended March 2020 as against net profit of Rs 0.65 crore during the previous quarter ended March 2019. Sales declined 24.19% to Rs 60.03 crore in the quarter ended March 2020 as against Rs 79.18 crore during the previous quarter ended March 2019.For the full year,net profit declined 22.91% to Rs 3.50 crore in the year ended March 2020 as against Rs 4.54 crore during the previous year ended March 2019. Sales rose 5.61% to Rs 253.15 crore in the year ended March 2020 as against Rs 239.71 crore during the previous year ended March 2019.
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First Published: Jul 01 2020 | 4:14 PM IST