AVI Products India reports standalone net loss of Rs 0.65 crore in the March 2017 quarter

Sales decline 30.51% to Rs 0.41 crore

Net loss of AVI Products India reported to Rs 0.65 crore in the quarter ended March 2017 as against net profit of Rs 0.16 crore during the previous quarter ended March 2016. Sales declined 30.51% to Rs 0.41 crore in the quarter ended March 2017 as against Rs 0.59 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 0.40 crore in the year ended March 2017 as against net profit of Rs 0.27 crore during the previous year ended March 2016. Sales rose 16.29% to Rs 2.07 crore in the year ended March 2017 as against Rs 1.78 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.410.59 -31 2.071.78 16 OPM %-158.5445.76 --21.2625.28 - PBDT-0.650.27 PL -0.350.43 PL PBT-0.650.24 PL -0.400.40 PL NP-0.650.16 PL -0.400.27 PL

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