Vardhman Polytex reports standalone net loss of Rs 1.18 crore in the March 2021 quarter

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Sales rise 43.05% to Rs 193.91 crore
Net loss of Vardhman Polytex reported to Rs 1.18 crore in the quarter ended March 2021 as against net profit of Rs 161.52 crore during the previous quarter ended March 2020. Sales rose 43.05% to Rs 193.91 crore in the quarter ended March 2021 as against Rs 135.55 crore during the previous quarter ended March 2020.For the full year,net loss reported to Rs 56.69 crore in the year ended March 2021 as against net profit of Rs 101.79 crore during the previous year ended March 2020. Sales declined 9.34% to Rs 508.28 crore in the year ended March 2021 as against Rs 560.66 crore during the previous year ended March 2020.
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First Published: Jun 30 2021 | 8:05 AM IST