Gravita India reports consolidated net loss of Rs 0.21 crore in the March 2016 quarter

Sales rise 15.98% to Rs 117.22 crore

Net Loss of Gravita India reported to Rs 0.21 crore in the quarter ended March 2016 as against net loss of Rs 3.70 crore during the previous quarter ended March 2015. Sales rose 15.98% to Rs 117.22 crore in the quarter ended March 2016 as against Rs 101.07 crore during the previous quarter ended March 2015.

For the full year,net profit declined 33.99% to Rs 4.37 crore in the year ended March 2016 as against Rs 6.62 crore during the previous year ended March 2015. Sales declined 12.84% to Rs 424.73 crore in the year ended March 2016 as against Rs 487.29 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales117.22101.07 16 424.73487.29 -13 OPM %3.430.06 -3.773.86 - PBDT3.07-1.81 LP 12.6713.59 -7 PBT1.20-3.34 LP 5.967.22 -17 NP-0.21-3.70 94 4.376.62 -34

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