Ballarpur Industries reports standalone net loss of Rs 89.24 crore in the March 2017 quarter

Sales decline 58.82% to Rs 76.95 crore

Net Loss of Ballarpur Industries reported to Rs 89.24 crore in the quarter ended March 2017 as against net loss of Rs 2.06 crore during the previous quarter ended March 2016. Sales declined 58.82% to Rs 76.95 crore in the quarter ended March 2017 as against Rs 186.87 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 470.54 crore in the year ended March 2017 as against net profit of Rs 21.65 crore during the previous year ended March 2016. Sales declined 61.76% to Rs 211.83 crore in the year ended March 2017 as against Rs 554.00 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales76.95186.87 -59 211.83554.00 -62 OPM %15.915.06 --51.5012.37 - PBDT-29.3211.07 PL -191.7878.00 PL PBT-38.75-2.06 -1781 -244.4719.90 PL NP-89.24-2.06 -4232 -470.5421.65 PL

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