Amtek Auto reports standalone net loss of Rs 307.57 crore in the March 2017 quarter

Sales decline 31.81% to Rs 442.36 crore

Net Loss of Amtek Auto reported to Rs 307.57 crore in the quarter ended March 2017 as against net loss of Rs 563.00 crore during the previous quarter ended March 2016. Sales declined 31.81% to Rs 442.36 crore in the quarter ended March 2017 as against Rs 648.76 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 1623.99 crore in the year ended March 2017 as against net loss of Rs 738.36 crore during the previous year ended March 2016. Sales rose 29.55% to Rs 1949.89 crore in the year ended March 2017 as against Rs 1505.17 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales442.36648.76 -32 1949.891505.17 30 OPM %18.9918.09 -18.6319.28 - PBDT-243.27-216.49 -12 -970.98-346.57 -180 PBT-378.72-364.09 -4 -1539.74-641.30 -140 NP-307.57-563.00 45 -1623.99-738.36 -120

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