HB Estate Developers reports standalone net loss of Rs 9.45 crore in the March 2017 quarter

Sales decline 7.46% to Rs 17.11 crore

Net Loss of HB Estate Developers reported to Rs 9.45 crore in the quarter ended March 2017 as against net loss of Rs 6.06 crore during the previous quarter ended March 2016. Sales declined 7.46% to Rs 17.11 crore in the quarter ended March 2017 as against Rs 18.49 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 28.99 crore in the year ended March 2017 as against net loss of Rs 30.83 crore during the previous year ended March 2016. Sales rose 7.96% to Rs 73.41 crore in the year ended March 2017 as against Rs 68.00 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales17.1118.49 -7 73.4168.00 8 OPM %11.9826.72 -22.7522.54 - PBDT-3.52-3.00 -17 -12.29-13.03 6 PBT-7.07-6.75 -5 -26.71-28.08 5 NP-9.45-6.06 -56 -28.99-30.83 6

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