HEG reports standalone net loss of Rs 25.77 crore in the March 2016 quarter

Sales decline 44.17% to Rs 159.78 crore

Net loss of HEG reported to Rs 25.77 crore in the quarter ended March 2016 as against net profit of Rs 4.01 crore during the previous quarter ended March 2015. Sales declined 44.17% to Rs 159.78 crore in the quarter ended March 2016 as against Rs 286.20 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 15.15 crore in the year ended March 2016 as against net profit of Rs 39.00 crore during the previous year ended March 2015. Sales declined 33.17% to Rs 820.14 crore in the year ended March 2016 as against Rs 1227.18 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales159.78286.20 -44 820.141227.18 -33 OPM %5.3613.42 -15.1714.80 - PBDT-4.0124.75 PL 68.68119.68 -43 PBT-24.066.76 PL -10.5444.32 PL NP-25.774.01 PL -15.1539.00 PL

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