Garden Silk Mills reports standalone net loss of Rs 17.37 crore in the March 2017 quarter

Sales rise 1.73% to Rs 626.31 crore

Net loss of Garden Silk Mills reported to Rs 17.37 crore in the quarter ended March 2017 as against net profit of Rs 5.21 crore during the previous quarter ended March 2016. Sales rose 1.73% to Rs 626.31 crore in the quarter ended March 2017 as against Rs 615.64 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 94.86 crore in the year ended March 2017 as against net loss of Rs 140.61 crore during the previous year ended March 2016. Sales rose 2.60% to Rs 2437.18 crore in the year ended March 2017 as against Rs 2375.48 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales626.31615.64 2 2437.182375.48 3 OPM %6.859.02 -5.933.91 - PBDT8.3821.07 -60 -20.55-74.44 72 PBT-7.534.57 PL -85.02-141.25 40 NP-17.375.21 PL -94.86-140.61 33

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