HB Estate Developers reports standalone net loss of Rs 6.06 crore in the March 2016 quarter

Sales decline 15.92% to Rs 18.49 crore

Net Loss of HB Estate Developers reported to Rs 6.06 crore in the quarter ended March 2016 as against net loss of Rs 5.19 crore during the previous quarter ended March 2015. Sales declined 15.92% to Rs 18.49 crore in the quarter ended March 2016 as against Rs 21.99 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 30.83 crore in the year ended March 2016 as against net loss of Rs 45.08 crore during the previous year ended March 2015. Sales rose 5.36% to Rs 68.00 crore in the year ended March 2016 as against Rs 64.54 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales18.4921.99 -16 68.0064.54 5 OPM %26.7224.83 -22.5420.96 - PBDT-3.00-1.29 -133 -13.03-15.83 18 PBT-6.75-6.09 -11 -28.08-30.75 9 NP-6.06-5.19 -17 -30.83-45.08 32

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