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Mirc Electronics Reports Net Loss Of Rs 2.38 Crore In The March 2019 Quarter

Net loss of MIRC Electronics reported to Rs 2.38 crore in the quarter ended March 2019 as against net profit of Rs 4.01 crore during the previous quarter ended March 2018. Sales declined 17.26% to Rs 155.88 crore in the quarter ended March 2019 as against Rs 188.40 crore during the previous quarter ended March 2018.

For the full year,net loss reported to Rs 4.40 crore in the year ended March 2019 as against net profit of Rs 23.49 crore during the previous year ended March 2018. Sales declined 11.49% to Rs 644.46 crore in the year ended March 2019 as against Rs 728.12 crore during the previous year ended March 2018.―Business Standard

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