Net loss of Forbes & Company reported to Rs 0.18 crore in the quarter ended June 2019 as against net profit of Rs 3.66 crore during the previous quarter ended June 2018. Sales declined 1.52% to Rs 55.57 crore in the quarter ended June 2019 as against Rs 56.43 crore during the previous quarter ended June 2018.

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Net profit of Forbes & Company reported to Rs 3.44 crore in the quarter ended June 2019 as against net loss of Rs 13.44 crore during the previous quarter ended June 2018. Sales rose 4.93% to Rs 709.88 crore in the quarter ended June 2019 as against Rs 676.54 crore during the previous quarter ended June 2018.

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Forbes & Company will hold a meeting of the Board of Directors of the Company on 9 August 2019.

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Net profit of Forbes & Company declined 77.51% to Rs 5.12 crore in the quarter ended March 2019 as against Rs 22.77 crore during the previous quarter ended March 2018. Sales declined 42.08% to Rs 58.00 crore in the quarter ended March 2019 as against Rs 100.14 crore during the previous quarter ended March 2018.

For the full year,net profit declined 74.89% to Rs 10.27 crore in the year ended March 2019 as against Rs 40.90 crore during the previous year ended March 2018. Sales declined 22.61% to Rs 227.28 crore in the year ended March 2019 as against Rs 293.70 crore during the previous year ended March 2018.

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