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Phoenix International reports consolidated net loss of Rs 1.19 crore in the March 2021 quarter

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Capital Market

Sales decline 48.82% to Rs 5.42 crore

Net loss of Phoenix International reported to Rs 1.19 crore in the quarter ended March 2021 as against net profit of Rs 1.34 crore during the previous quarter ended March 2020. Sales declined 48.82% to Rs 5.42 crore in the quarter ended March 2021 as against Rs 10.59 crore during the previous quarter ended March 2020.

For the full year,net profit declined 73.70% to Rs 0.81 crore in the year ended March 2021 as against Rs 3.08 crore during the previous year ended March 2020. Sales declined 43.74% to Rs 24.18 crore in the year ended March 2021 as against Rs 42.98 crore during the previous year ended March 2020.

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ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales5.4210.59 -49 24.1842.98 -44 OPM %56.4630.59 -64.7233.18 - PBDT0.072.00 -97 5.997.96 -25 PBT-0.801.10 PL 2.464.41 -44 NP-1.191.34 PL 0.813.08 -74

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First Published: Jul 07 2021 | 2:12 PM IST

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