Asahi Industries reports standalone net loss of Rs 1.59 crore in the March 2016 quarter

Sales decline 68.15% to Rs 79.93 crore

Net Loss of Asahi Industries reported to Rs 1.59 crore in the quarter ended March 2016 as against net loss of Rs 2.16 crore during the previous quarter ended March 2015. Sales declined 68.15% to Rs 79.93 crore in the quarter ended March 2016 as against Rs 250.94 crore during the previous quarter ended March 2015.

For the full year,net profit rose 231.58% to Rs 0.63 crore in the year ended March 2016 as against Rs 0.19 crore during the previous year ended March 2015. Sales declined 47.33% to Rs 278.52 crore in the year ended March 2016 as against Rs 528.79 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales79.93250.94 -68 278.52528.79 -47 OPM %4.540.51 -5.982.54 - PBDT3.251.17 178 15.3112.27 25 PBT0.34-2.16 LP 2.57-1.34 LP NP-1.59-2.16 26 0.630.19 232

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