The consolidated sales were down by 32% to Rs 196.55 crore. But with OPM crash by 1890 bps the operating profit was down by 90% to Rs 6.74 crore. After accounting for higher other income, higher interest and higher depreciation, the PBT was a loss of Rs 3.57 crore compared to a profit of Rs 58.94 crore in the corresponding previous period. The share of profit from associate was down by 5% to Rs 0.18 crore. Thus the PBT after share of profit from associate was a loss of Rs 3.39 crore compared to a profit of Rs 59.13 crore in the corresponding previous period. After accounting for lower tax (down 92% to Rs 1.80 crore), the PAT was a loss of Rs 5.19 crore compared to a profit of Rs 36.49 crore in the corresponding previous period. Minority interest was a share of loss of Rs 7.87 crore (compared to a share of profit) of Rs 4.16 crore in the corresponding previous period, the net was down by 92% to Rs 2.68 crore.
On deducting the standalone financials from consolidated financials, the sales of subsidiaries was down by 26% to Rs 109.76 crore. However with OPM being negative 14.2% (against a positive 19.7%), the operating loss was Rs 15.58 crore compared to a profit of 29.14 in the corresponding previous period. The PBT was a loss of Rs 26.26 crore in the corresponding previous period against a profit of Rs 21.98 crore in the corresponding previous period. Eventually the net was a loss of Rs 12.33 crore compared to a profit of Rs 8.15 crore in the corresponding previous period.