Net profit of Waterbase declined 56.89% to Rs 4.91 crore in the quarter ended June 2020 as against Rs 11.39 crore during the previous quarter ended June 2019. Sales declined 47.41% to Rs 62.85 crore in the quarter ended June 2020 as against Rs 119.50 crore during the previous quarter ended June 2019.

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Waterbase will hold a meeting of the Board of Directors of the Company on 27 August 2020.

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Net loss of Waterbase reported to Rs 2.50 crore in the quarter ended March 2020 as against net profit of Rs 1.45 crore during the previous quarter ended March 2019. Sales declined 7.35% to Rs 47.40 crore in the quarter ended March 2020 as against Rs 51.16 crore during the previous quarter ended March 2019.

For the full year,net profit declined 39.90% to Rs 18.54 crore in the year ended March 2020 as against Rs 30.85 crore during the previous year ended March 2019. Sales declined 11.78% to Rs 322.43 crore in the year ended March 2020 as against Rs 365.48 crore during the previous year ended March 2019.

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Waterbase will hold a meeting of the Board of Directors of the Company on 27 May 2020.

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