Automotive Stampings & Assemblies reports standalone net loss of Rs 0.68 crore in the March 2016 quarter

Sales decline 10.02% to Rs 68.62 crore

Net Loss of Automotive Stampings & Assemblies reported to Rs 0.68 crore in the quarter ended March 2016 as against net loss of Rs 6.34 crore during the previous quarter ended March 2015. Sales declined 10.02% to Rs 68.62 crore in the quarter ended March 2016 as against Rs 76.26 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 20.69 crore in the year ended March 2016 as against net loss of Rs 23.17 crore during the previous year ended March 2015. Sales declined 9.50% to Rs 261.22 crore in the year ended March 2016 as against Rs 288.65 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear Ended Mar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales68.6276.26 -10 261.22288.65 -10 OPM %4.97-2.28 --0.81-2.25 - PBDT1.68-3.94 LP -10.54-14.68 28 PBT-0.68-6.34 89 -20.17-24.37 17 NP-0.68-6.34 89 -20.69-23.17 11

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