Gujarat Foils reports standalone net loss of Rs 321.48 crore in the March 2018 quarter

Sales decline 72.95% to Rs 14.39 crore

Net Loss of Gujarat Foils reported to Rs 321.48 crore in the quarter ended March 2018 as against net loss of Rs 26.45 crore during the previous quarter ended March 2017. Sales declined 72.95% to Rs 14.39 crore in the quarter ended March 2018 as against Rs 53.19 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 384.32 crore in the year ended March 2018 as against net loss of Rs 42.38 crore during the previous year ended March 2017. Sales declined 24.72% to Rs 213.13 crore in the year ended March 2018 as against Rs 283.10 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales14.3953.19 -73 213.13283.10 -25 OPM %-2223.70-37.79 --175.34-2.07 - PBDT-319.21-23.93 -1234 -375.28-32.75 -1046 PBT-321.20-24.97 -1186 -383.23-40.90 -837 NP-321.48-26.45 -1115 -384.32-42.38 -807

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