Coromandel Engineering Company reports standalone net loss of Rs 1.79 crore in the June 2016 quarter

Sales decline 81.41% to Rs 9.00 crore

Net loss of Coromandel Engineering Company reported to Rs 1.79 crore in the quarter ended June 2016 as against net profit of Rs 2.04 crore during the previous quarter ended June 2015. Sales declined 81.41% to Rs 9.00 crore in the quarter ended June 2016 as against Rs 48.42 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales9.0048.42 -81 OPM %-1.339.56 -PBDT-0.824.14 PL PBT-1.793.04 PL NP-1.792.04 PL

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