Escorts Finance reports standalone net loss of Rs 2.62 crore in the March 2018 quarter

Sales decline 88.24% to Rs 0.02 crore

Net loss of Escorts Finance reported to Rs 2.62 crore in the quarter ended March 2018 as against net profit of Rs 0.06 crore during the previous quarter ended March 2017. Sales declined 88.24% to Rs 0.02 crore in the quarter ended March 2018 as against Rs 0.17 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 0.97 crore in the year ended March 2018 as against net loss of Rs 0.06 crore during the previous year ended March 2017. Sales declined 46.67% to Rs 0.16 crore in the year ended March 2018 as against Rs 0.30 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales0.020.17 -88 0.160.30 -47 OPM %-13100.0035.29 --1731.25-23.33 - PBDT-2.620.06 PL -2.76-0.06 -4500 PBT-2.620.06 PL -2.76-0.06 -4500 NP-2.620.06 PL -0.97-0.06 -1517

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