Coastal Corporation reports consolidated net loss of Rs 0.66 crore in the March 2017 quarter

Sales rise 9.80% to Rs 72.46 crore

Net Loss of Coastal Corporation reported to Rs 0.66 crore in the quarter ended March 2017 as against net loss of Rs 0.36 crore during the previous quarter ended March 2016. Sales rose 9.80% to Rs 72.46 crore in the quarter ended March 2017 as against Rs 65.99 crore during the previous quarter ended March 2016.

For the full year,net profit rose 41.81% to Rs 9.70 crore in the year ended March 2017 as against Rs 6.84 crore during the previous year ended March 2016. Sales rose 46.49% to Rs 454.43 crore in the year ended March 2017 as against Rs 310.21 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales72.4665.99 10 454.43310.21 46 OPM %6.171.24 -6.546.93 - PBDT2.421.53 58 21.0013.94 51 PBT1.420.91 56 18.0411.33 59 NP-0.66-0.36 -83 9.706.84 42

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