V I P Industries reports consolidated net loss of Rs 51.32 crore in the June 2020 quarter

Image
Capital Market
Last Updated : Aug 05 2020 | 4:52 PM IST

Sales decline 92.85% to Rs 40.33 crore

Net loss of V I P Industries reported to Rs 51.32 crore in the quarter ended June 2020 as against net profit of Rs 35.08 crore during the previous quarter ended June 2019. Sales declined 92.85% to Rs 40.33 crore in the quarter ended June 2020 as against Rs 564.18 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales40.33564.18 -93 OPM %-143.4222.17 -PBDT-46.49122.39 PL PBT-67.38103.18 PL NP-51.3235.08 PL

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 05 2020 | 4:18 PM IST

Next Story