Ashapura Minechem reports consolidated net loss of Rs 0.28 crore in the March 2016 quarter

Sales decline 10.98% to Rs 392.32 crore

Net loss of Ashapura Minechem reported to Rs 0.28 crore in the quarter ended March 2016 as against net profit of Rs 1.22 crore during the previous quarter ended March 2015. Sales declined 10.98% to Rs 392.32 crore in the quarter ended March 2016 as against Rs 440.69 crore during the previous quarter ended March 2015.

For the full year,net profit reported to Rs 162.33 crore in the year ended March 2016 as against net loss of Rs 36.47 crore during the previous year ended March 2015. Sales rose 0.77% to Rs 1738.15 crore in the year ended March 2016 as against Rs 1724.79 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales392.32440.69 -11 1738.151724.79 1 OPM %7.668.20 -13.7015.57 - PBDT24.5533.94 -28 226.34256.76 -12 PBT11.7425.38 -54 182.48221.91 -18 NP-0.281.22 PL 162.33-36.47 LP

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