Grob Tea Co reports standalone net loss of Rs 10.43 crore in the March 2017 quarter

Sales rise 3.81% to Rs 22.35 crore

Net Loss of Grob Tea Co reported to Rs 10.43 crore in the quarter ended March 2017 as against net loss of Rs 9.09 crore during the previous quarter ended March 2016. Sales rose 3.81% to Rs 22.35 crore in the quarter ended March 2017 as against Rs 21.53 crore during the previous quarter ended March 2016.

For the full year,net profit declined 80.81% to Rs 0.90 crore in the year ended March 2017 as against Rs 4.69 crore during the previous year ended March 2016. Sales declined 3.64% to Rs 74.37 crore in the year ended March 2017 as against Rs 77.18 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales22.3521.53 4 74.3777.18 -4 OPM %-40.22-31.12 -7.0913.57 - PBDT-8.79-6.36 -38 5.0310.11 -50 PBT-10.03-7.59 -32 1.306.19 -79 NP-10.43-9.09 -15 0.904.69 -81

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