Indosolar reports standalone net loss of Rs 187.26 crore in the March 2018 quarter

Sales decline 52.64% to Rs 53.58 crore

Net loss of Indosolar reported to Rs 187.26 crore in the quarter ended March 2018 as against net profit of Rs 33.07 crore during the previous quarter ended March 2017. Sales declined 52.64% to Rs 53.58 crore in the quarter ended March 2018 as against Rs 113.14 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 162.84 crore in the year ended March 2018 as against net loss of Rs 57.93 crore during the previous year ended March 2017. Sales declined 28.98% to Rs 314.12 crore in the year ended March 2018 as against Rs 442.31 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales53.58113.14 -53 314.12442.31 -29 OPM %-16.3727.09 --6.8116.85 - PBDT-23.5440.34 PL -70.60-28.66 -146 PBT-30.2433.07 PL -98.71-57.79 -71 NP-187.2633.07 PL -162.84-57.93 -181

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