Murudeshwar Ceramics Ltd suffers net loss of Rs 5.47 cr for Q4FY20

New Delhi: Murudeshwar ceramics Ltd suffered a net loss of Rs 5.47 crore for the fourth quarter of the fiscal 2019-20 as compared to a net profit of Rs 1.23 crore in the corresponding quarter of the previous fiscal.

The company’s revenues from operations fell 40 percent to Rs 27 crore for the fourth quarter of the fiscal 2019-20 as compared to Rs 45 crore in the corresponding quarter of the previous fiscal.

The company’s net profit plunged 63 percent to Rs 1.74 crore for the entire fiscal 2019-20 as compared to a net profit of Rs 4.73 crore in the previous fiscal.

The company’s revenues from operations fell 17 percent to Rs 103 crore for the entire fiscal 2019-20 as compared to Rs 125 crore in the previous fiscal.

The total expenses of the company declined to Rs 7.52 crore in the fourth quarter of the 2019-20 fiscal as compared to Rs 11.84 crore in the corresponding quarter of the previous fiscal. The total expenses of the company declined to Rs 23 crore in the 2019-20 fiscal as compared to Rs 35 crore in the previous fiscal, the company said in a regulatory filing.

menu
menu