Sales decline 35.73% to Rs 44.61 crore
Net profit of AI Champdany Industries reported to Rs 0.62 crore in the quarter ended March 2017 as against net loss of Rs 0.63 crore during the previous quarter ended March 2016. Sales declined 35.73% to Rs 44.61 crore in the quarter ended March 2017 as against Rs 69.41 crore during the previous quarter ended March 2016.For the full year,net loss reported to Rs 5.77 crore in the year ended March 2017 as against net loss of Rs 5.43 crore during the previous year ended March 2016. Sales declined 49.15% to Rs 111.49 crore in the year ended March 2017 as against Rs 219.25 crore during the previous year ended March 2016.
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