Automotive Stampings & Assemblies reports standalone net loss of Rs 1.36 crore in the March 2017 quarter

Sales rise 48.63% to Rs 103.37 crore

Net Loss of Automotive Stampings & Assemblies reported to Rs 1.36 crore in the quarter ended March 2017 as against net loss of Rs 0.76 crore during the previous quarter ended March 2016. Sales rose 48.63% to Rs 103.37 crore in the quarter ended March 2017 as against Rs 69.55 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 2.87 crore in the year ended March 2017 as against net loss of Rs 20.80 crore during the previous year ended March 2016. Sales rose 15.67% to Rs 304.02 crore in the year ended March 2017 as against Rs 262.84 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales103.3769.55 49 304.02262.84 16 OPM %2.464.60 -0.31-0.98 - PBDT1.021.60 -36 -6.38-10.65 40 PBT-1.36-0.76 -79 -15.71-20.28 23 NP-1.36-0.76 -79 -2.87-20.80 86

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