Indo Tech Transformers reports standalone net loss of Rs 1.65 crore in the March 2017 quarter

Sales rise 11.63% to Rs 56.52 crore

Net loss of Indo Tech Transformers reported to Rs 1.65 crore in the quarter ended March 2017 as against net profit of Rs 10.11 crore during the previous quarter ended March 2016. Sales rose 11.63% to Rs 56.52 crore in the quarter ended March 2017 as against Rs 50.63 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 16.27 crore in the year ended March 2017 as against net profit of Rs 4.03 crore during the previous year ended March 2016. Sales declined 21.59% to Rs 147.87 crore in the year ended March 2017 as against Rs 188.58 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales56.5250.63 12 147.87188.58 -22 OPM %-1.2611.48 --6.67-1.79 - PBDT-0.456.62 PL -9.24-1.45 -537 PBT-1.545.18 PL -14.06-6.80 -107 NP-1.6510.11 PL -16.274.03 PL

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