Hardcastle & Waud Mfg Co reports standalone net loss of Rs 10.44 crore in the March 2016 quarter

Sales rise 11.43% to Rs 0.78 crore

Net loss of Hardcastle & Waud Mfg Co reported to Rs 10.44 crore in the quarter ended March 2016 as against net profit of Rs 0.05 crore during the previous quarter ended March 2015. Sales rose 11.43% to Rs 0.78 crore in the quarter ended March 2016 as against Rs 0.70 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 9.79 crore in the year ended March 2016 as against net profit of Rs 1.30 crore during the previous year ended March 2015. Sales declined 6.81% to Rs 2.60 crore in the year ended March 2016 as against Rs 2.79 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear Ended Mar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales0.780.70 11 2.602.79 -7 OPM %67.95-12.86 -36.15-17.56 - PBDT1.660.60 177 2.871.82 58 PBT1.580.52 204 2.541.50 69 NP-10.440.05 PL -9.791.30 PL

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