GOL Offshore reports standalone net loss of Rs 790.11 crore in the March 2016 quarter

Sales decline 49.70% to Rs 151.47 crore

Net loss of GOL Offshore reported to Rs 790.11 crore in the quarter ended March 2016 as against net profit of Rs 2.97 crore during the previous quarter ended March 2015. Sales declined 49.70% to Rs 151.47 crore in the quarter ended March 2016 as against Rs 301.14 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 835.57 crore in the year ended March 2016 as against net loss of Rs 12.79 crore during the previous year ended March 2015. Sales declined 11.82% to Rs 924.49 crore in the year ended March 2016 as against Rs 1048.38 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales151.47301.14 -50 924.491048.38 -12 OPM %6.1125.11 -21.3332.42 - PBDT-33.6626.51 PL 14.03139.20 -90 PBT-63.78-9.85 -548 -122.81-25.84 -375 NP-790.112.97 PL -835.57-12.79 -6433

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