New Delhi, Aug. 24 -- Tiles major Asian Granito India Ltd (AGIL) has reported what the company described as "good" financial performance for the first quarter ended June 2020 amidst the "challenging" economic and business scenario prevailing across the world, the company said.
AGIL reported consolidated net sales for the quarter ended June 2020 at Rs 129.40 crores, lower by 59% over previous fiscal's same period net sales of Rs 312.04 crores. It recorded consolidated EBITDA for the quarter ended June 2020 at Rs. 3.76 crores. The company reported a loss of Rs 7.51 crore in the first quarter for the financial year 2020-2021.
"Despite a challenging economic and business environment due to Covid-19, the company has delivered a good operationa...