Elgi Rubber Company reports standalone nil net profit/loss in the March 2017 quarter

Sales decline 0.46% to Rs 52.27 crore

Elgi Rubber Company reported no net profit/loss in the quarter ended March 2017 as against net loss of Rs 36.82 crore during the previous quarter ended March 2016. Sales declined 0.46% to Rs 52.27 crore in the quarter ended March 2017 as against Rs 52.51 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 4.01 crore in the year ended March 2017 as against net loss of Rs 26.49 crore during the previous year ended March 2016. Sales declined 0.62% to Rs 199.96 crore in the year ended March 2017 as against Rs 201.20 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales52.2752.51 0 199.96201.20 -1 OPM %4.826.42 -5.629.05 - PBDT2.333.31 -30 14.3322.47 -36 PBT-0.030.87 PL 5.8113.41 -57 NP0-36.82 100 4.01-26.49 LP

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