Net Loss of Madhucon Projects reported to Rs 7.88 crore in the quarter ended June 2020 as against net loss of Rs 3.63 crore during the previous quarter ended June 2019. Sales declined 36.06% to Rs 64.39 crore in the quarter ended June 2020 as against Rs 100.70 crore during the previous quarter ended June 2019.

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Net Loss of Madhucon Projects reported to Rs 46.72 crore in the quarter ended June 2020 as against net loss of Rs 96.82 crore during the previous quarter ended June 2019. Sales declined 36.48% to Rs 91.30 crore in the quarter ended June 2020 as against Rs 143.73 crore during the previous quarter ended June 2019.

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Net Loss of Madhucon Projects reported to Rs 805.19 crore in the quarter ended March 2020 as against net loss of Rs 58.86 crore during the previous quarter ended March 2019. Sales rose 20.67% to Rs 297.44 crore in the quarter ended March 2020 as against Rs 246.49 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 1065.83 crore in the year ended March 2020 as against net loss of Rs 343.89 crore during the previous year ended March 2019. Sales declined 22.10% to Rs 734.13 crore in the year ended March 2020 as against Rs 942.44 crore during the previous year ended March 2019.

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Madhucon Projects will hold a meeting of the Board of Directors of the Company on 14 September 2020.

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