Visagar Polytex reports standalone net loss of Rs 0.93 crore in the March 2019 quarter

Sales decline 85.38% to Rs 3.95 crore

Jun 05, 2019 12:06 IST capital market

Net loss of Visagar Polytex reported to Rs 0.93 crore in the quarter ended March 2019 as against net profit of Rs 0.53 crore during the previous quarter ended March 2018. Sales declined 85.38% to Rs 3.95 crore in the quarter ended March 2019 as against Rs 27.02 crore during the previous quarter ended March 2018.

For the full year,net profit declined 88.65% to Rs 0.16 crore in the year ended March 2019 as against Rs 1.41 crore during the previous year ended March 2018. Sales declined 34.57% to Rs 53.83 crore in the year ended March 2019 as against Rs 82.27 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear Ended
 Mar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.
Sales3.9527.02 -85 53.8382.27 -35
OPM %-4.816.25 -4.294.97 -
PBDT-0.501.42 PL 1.092.71 -60
PBT-0.870.83 PL 0.221.71 -87
NP-0.930.53 PL 0.161.41 -89

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