Garware Marine Industries reports standalone net loss of Rs 0.22 crore in the March 2017 quarter

Sales decline 60.00% to Rs 0.12 crore

Net Loss of Garware Marine Industries reported to Rs 0.22 crore in the quarter ended March 2017 as against net loss of Rs 0.12 crore during the previous quarter ended March 2016. Sales declined 60.00% to Rs 0.12 crore in the quarter ended March 2017 as against Rs 0.30 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 0.51 crore in the year ended March 2017. There were no net profit/loss reported during the previous year ended March 2016. Sales declined 24.14% to Rs 0.88 crore in the year ended March 2017 as against Rs 1.16 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.120.30 -60 0.881.16 -24 OPM %-200.00-56.67 --59.09-64.66 - PBDT-0.25-0.15 -67 -0.57-0.60 5 PBT-0.25-0.15 -67 -0.57-0.60 5 NP-0.22-0.12 -83 -0.510 0

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