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Margo Finance reports standalone net profit of Rs 0.02 crore in the March 2020 quarter

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Capital Market

Sales decline 16.67% to Rs 0.05 crore

Net profit of Margo Finance reported to Rs 0.02 crore in the quarter ended March 2020 as against net loss of Rs 0.09 crore during the previous quarter ended March 2019. Sales declined 16.67% to Rs 0.05 crore in the quarter ended March 2020 as against Rs 0.06 crore during the previous quarter ended March 2019.

For the full year,no net profit/loss reported in the year ended March 2020 as against net loss of Rs 0.10 crore during the previous year ended March 2019. Sales rose 7.14% to Rs 0.30 crore in the year ended March 2020 as against Rs 0.28 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales0.050.06 -17 0.300.28 7 OPM %-20.00-33.33 --3.33-10.71 - PBDT-0.01-0.02 50 -0.01-0.02 50 PBT-0.01-0.02 50 -0.02-0.03 33 NP0.02-0.09 LP 0-0.10 100

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First Published: Jun 29 2020 | 5:49 PM IST

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