Fiem Industries reports standalone net loss of Rs 1.70 crore in the March 2017 quarter

Sales decline 14.45% to Rs 243.43 crore

Net loss of Fiem Industries reported to Rs 1.70 crore in the quarter ended March 2017 as against net profit of Rs 19.45 crore during the previous quarter ended March 2016. Sales declined 14.45% to Rs 243.43 crore in the quarter ended March 2017 as against Rs 284.55 crore during the previous quarter ended March 2016.

For the full year,net profit declined 42.46% to Rs 32.90 crore in the year ended March 2017 as against Rs 57.18 crore during the previous year ended March 2016. Sales rose 3.09% to Rs 1007.69 crore in the year ended March 2017 as against Rs 977.46 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales243.43284.55 -14 1007.69977.46 3 OPM %9.8013.93 -11.6612.99 - PBDT20.4734.18 -40 98.92112.18 -12 PBT10.3125.39 -59 59.6979.15 -25 NP-1.7019.45 PL 32.9057.18 -42

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