Indosolar reports standalone net loss of Rs 29.78 crore in the March 2016 quarter

Sales decline 30.80% to Rs 99.46 crore

Net loss of Indosolar reported to Rs 29.78 crore in the quarter ended March 2016 as against net profit of Rs 0.81 crore during the previous quarter ended March 2015. Sales declined 30.80% to Rs 99.46 crore in the quarter ended March 2016 as against Rs 143.73 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 141.27 crore in the year ended March 2016 as against net loss of Rs 78.17 crore during the previous year ended March 2015. Sales declined 11.82% to Rs 257.41 crore in the year ended March 2016 as against Rs 291.93 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales99.46143.73 -31 257.41291.93 -12 OPM %1.9821.87 -3.2416.35 - PBDT-23.347.95 PL -114.70-51.19 -124 PBT-29.780.81 PL -141.27-78.17 -81 NP-29.780.81 PL -141.27-78.17 -81

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