Ind-Swift reports standalone net loss of Rs 120.13 crore in the March 2016 quarter

Sales decline 10.27% to Rs 70.70 crore

Net Loss of Ind-Swift reported to Rs 120.13 crore in the quarter ended March 2016 as against net loss of Rs 50.54 crore during the previous quarter ended March 2015. Sales declined 10.27% to Rs 70.70 crore in the quarter ended March 2016 as against Rs 78.79 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 199.94 crore in the year ended March 2016 as against net loss of Rs 145.13 crore during the previous year ended March 2015. Sales declined 27.05% to Rs 304.33 crore in the year ended March 2016 as against Rs 417.17 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales70.7078.79 -10 304.33417.17 -27 OPM %-170.10-28.84 --51.58-16.77 - PBDT-110.70-41.14 -169 -163.42-108.00 -51 PBT-119.96-52.77 -127 -199.77-147.36 -36 NP-120.13-50.54 -138 -199.94-145.13 -38

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