Hind Rectifiers reports standalone net loss of Rs 4.06 crore in the March 2017 quarter

Sales decline 19.69% to Rs 31.97 crore

Net loss of Hind Rectifiers reported to Rs 4.06 crore in the quarter ended March 2017 as against net profit of Rs 3.53 crore during the previous quarter ended March 2016. Sales declined 19.69% to Rs 31.97 crore in the quarter ended March 2017 as against Rs 39.81 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 6.82 crore in the year ended March 2017 as against net loss of Rs 1.51 crore during the previous year ended March 2016. Sales rose 18.52% to Rs 111.34 crore in the year ended March 2017 as against Rs 93.94 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales31.9739.81 -20 111.3493.94 19 OPM %9.079.32 -4.352.18 - PBDT1.683.30 -49 0.40-0.61 LP PBT1.162.85 -59 -1.60-2.19 27 NP-4.063.53 PL -6.82-1.51 -352

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