Garnet Construction reports standalone net loss of Rs 11.97 crore in the March 2020 quarter

Sales rise 824.91% to Rs 25.62 crore

Aug 01, 2020 08:08 IST capital market

Net loss of Garnet Construction reported to Rs 11.97 crore in the quarter ended March 2020 as against net profit of Rs 0.40 crore during the previous quarter ended March 2019. Sales rose 824.91% to Rs 25.62 crore in the quarter ended March 2020 as against Rs 2.77 crore during the previous quarter ended March 2019.

For the full year,net profit rose 740.24% to Rs 6.89 crore in the year ended March 2020 as against Rs 0.82 crore during the previous year ended March 2019. Sales rose 836.58% to Rs 68.37 crore in the year ended March 2020 as against Rs 7.30 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear Ended
?Mar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.
Sales25.622.77 825 68.377.30 837
OPM %-65.1837.55 -17.0117.12 -
PBDT-16.550.67 PL 10.091.63 519
PBT-16.640.56 PL 9.741.16 740
NP-11.970.40 PL 6.890.82 740

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