Net Loss of Axel Polymers reported to Rs 0.14 crore in the quarter ended March 2020 as against net loss of Rs 0.18 crore during the previous quarter ended March 2019. Sales declined 6.63% to Rs 5.77 crore in the quarter ended March 2020 as against Rs 6.18 crore during the previous quarter ended March 2019.

For the full year,net profit declined 80.85% to Rs 0.09 crore in the year ended March 2020 as against Rs 0.47 crore during the previous year ended March 2019. Sales declined 6.03% to Rs 22.90 crore in the year ended March 2020 as against Rs 24.37 crore during the previous year ended March 2019.

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Axel Polymers will hold a meeting of the Board of Directors of the Company on 12 February 2020.

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Net loss of Axel Polymers reported to Rs 0.30 crore in the quarter ended September 2019 as against net profit of Rs 0.21 crore during the previous quarter ended September 2018. Sales declined 14.54% to Rs 5.29 crore in the quarter ended September 2019 as against Rs 6.19 crore during the previous quarter ended September 2018.

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Axel Polymers will hold a meeting of the Board of Directors of the Company on 13 November 2019.

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