Ecoboard Industries reports standalone net loss of Rs 5.90 crore in the March 2017 quarter

Sales decline 59.42% to Rs 2.24 crore

Net Loss of Ecoboard Industries reported to Rs 5.90 crore in the quarter ended March 2017 as against net loss of Rs 2.97 crore during the previous quarter ended March 2016. Sales declined 59.42% to Rs 2.24 crore in the quarter ended March 2017 as against Rs 5.52 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 9.96 crore in the year ended March 2017 as against net loss of Rs 14.90 crore during the previous year ended March 2016. Sales declined 25.90% to Rs 16.34 crore in the year ended March 2017 as against Rs 22.05 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2.245.52 -59 16.3422.05 -26 OPM %-196.43-32.97 --19.46-26.94 - PBDT-5.39-3.95 -36 -7.13-10.79 34 PBT-5.67-4.19 -35 -8.29-12.12 32 NP-5.90-2.97 -99 -9.96-14.90 33

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