Global Offshore Services reports consolidated net loss of Rs 3.93 crore in the March 2016 quarter

Sales decline 8.85% to Rs 85.54 crore

Net loss of Global Offshore Services reported to Rs 3.93 crore in the quarter ended March 2016 as against net profit of Rs 8.65 crore during the previous quarter ended March 2015. Sales declined 8.85% to Rs 85.54 crore in the quarter ended March 2016 as against Rs 93.85 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 11.26 crore in the year ended March 2016 as against net profit of Rs 44.39 crore during the previous year ended March 2015. Sales declined 3.92% to Rs 366.45 crore in the year ended March 2016 as against Rs 381.42 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales85.5493.85 -9 366.45381.42 -4 OPM %27.4035.76 -29.0344.03 - PBDT7.8126.19 -70 45.49123.00 -63 PBT-7.6910.44 PL -25.1457.16 PL NP-3.938.65 PL -11.2644.39 PL

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