HB Estate Developers reports standalone net loss of Rs 3.55 crore in the March 2020 quarter

Sales decline 29.49% to Rs 17.41 crore

Jun 27, 2020 08:06 IST capital market

Net loss of HB Estate Developers reported to Rs 3.55 crore in the quarter ended March 2020 as against net profit of Rs 0.24 crore during the previous quarter ended March 2019. Sales declined 29.49% to Rs 17.41 crore in the quarter ended March 2020 as against Rs 24.69 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 8.80 crore in the year ended March 2020 as against net loss of Rs 10.43 crore during the previous year ended March 2019. Sales declined 8.04% to Rs 82.05 crore in the year ended March 2020 as against Rs 89.22 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear Ended
?Mar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.
Sales17.4124.69 -29 82.0589.22 -8
OPM %26.3642.16 -32.0931.63 -
PBDT-1.224.80 PL 2.532.07 22
PBT-4.751.31 PL -11.52-12.10 5
NP-3.550.24 PL -8.80-10.43 16

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