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Steel Strips Wheels reports standalone net loss of Rs 38.09 crore in the June 2020 quarter

Capital Market 

Sales decline 74.44% to Rs 120.27 crore

Net loss of Steel Strips Wheels reported to Rs 38.09 crore in the quarter ended June 2020 as against net profit of Rs 14.72 crore during the previous quarter ended June 2019. Sales declined 74.44% to Rs 120.27 crore in the quarter ended June 2020 as against Rs 470.59 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales120.27470.59 -74 OPM %1.9511.83 -PBDT-19.3736.88 PL PBT-36.7519.05 PL NP-38.0914.72 PL

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, September 15 2020. 16:08 IST
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