IFB Industries Ltd records a consolidated net loss of ~Rs20cr in Q4FY20


Quarterly Results

IFB Industries announced its quarterly results on July 6, 2020. The consolidated net sales in Q4FY20 stood at Rs506.92cr, which declined by 22.36% yoy from Rs652.9cr in Q4FY19.

EBITDA stood at Rs0.8cr in Q4FY20 that declined by 95.05% yoy. For Q4FY19, it posted EBITDA of Rs16.15cr. EBITDA margin as of Q4FY20 was at 0.16% that declined by 2.31% yoy against the same quarter, the previous year.

The consolidated net loss in Q4FY20 came in at Rs20.36cr as compared to Q4FY19, when it reported a net profit of Rs5.08cr. The net profit margin in Q4FY20 stood at -4.02% that declined by 4.80% yoy. The net profit margin for Q4FY19 was at 0.78%.

The share closed at Rs427.4 with a gain of 2.95% on BSE.








Particulars

Q4FY20
(Rs in cr)

Q4FY19
(Rs in cr)

% VAR

Net Sales

506.92

652.90

-22.36

Operating Profit

0.80

16.15

-95.05

Net Profit (-Loss)

-20.36

5.08

-500.79

EBITDAM%

0.16

2.47

-2.31

PATM%

-4.02

0.78

-4.80

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