Ballarpur Industries reports consolidated net loss of Rs 667.39 crore in the March 2017 quarter

Sales decline 67.10% to Rs 357.51 crore

Net Loss of Ballarpur Industries reported to Rs 667.39 crore in the quarter ended March 2017 as against net loss of Rs 182.11 crore during the previous quarter ended March 2016. Sales declined 67.10% to Rs 357.51 crore in the quarter ended March 2017 as against Rs 1086.76 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 1861.82 crore in the year ended March 2017 as against net loss of Rs 279.27 crore during the previous year ended March 2016. Sales declined 50.42% to Rs 2008.22 crore in the year ended March 2017 as against Rs 4050.59 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales357.511086.76 -67 2008.224050.59 -50 OPM %-71.92-1.46 --31.238.06 - PBDT-513.94-117.98 -336 -1416.94-21.60 -6460 PBT-576.98-182.72 -216 -1690.93-286.40 -490 NP-667.39-182.11 -266 -1861.82-279.27 -567

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