Ind Bank Housing reports standalone net loss of Rs 3.34 crore in the March 2017 quarter

Sales decline 37.50% to Rs 0.10 crore

Net Loss of Ind Bank Housing reported to Rs 3.34 crore in the quarter ended March 2017 as against net loss of Rs 2.95 crore during the previous quarter ended March 2016. Sales declined 37.50% to Rs 0.10 crore in the quarter ended March 2017 as against Rs 0.16 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 11.25 crore in the year ended March 2017 as against net loss of Rs 11.50 crore during the previous year ended March 2016. Sales rose 38.16% to Rs 1.05 crore in the year ended March 2017 as against Rs 0.76 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.100.16 -38 1.050.76 38 OPM %30.0081.25 -181.9050.00 - PBDT-3.34-2.94 -14 -11.25-11.49 2 PBT-3.34-2.95 -13 -11.25-11.50 2 NP-3.34-2.95 -13 -11.25-11.50 2

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