Cranes Software International reports standalone net loss of Rs 21.52 crore in the March 2017 quarter

Sales rise 20.12% to Rs 1.97 crore

Net Loss of Cranes Software International reported to Rs 21.52 crore in the quarter ended March 2017 as against net loss of Rs 13.25 crore during the previous quarter ended March 2016. Sales rose 20.12% to Rs 1.97 crore in the quarter ended March 2017 as against Rs 1.64 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 72.50 crore in the year ended March 2017 as against net loss of Rs 79.11 crore during the previous year ended March 2016. Sales declined 8.77% to Rs 7.80 crore in the year ended March 2017 as against Rs 8.55 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1.971.64 20 7.808.55 -9 OPM %46.19-650.00 -37.69-224.56 - PBDT-28.97-16.86 -72 -95.26-105.08 9 PBT-32.06-18.98 -69 -107.62-119.35 10 NP-21.52-13.25 -62 -72.50-79.11 8

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