Indosolar reports standalone net profit of Rs 32.41 crore in the March 2017 quarter

Sales rise 13.66% to Rs 113.09 crore

Net profit of Indosolar reported to Rs 32.41 crore in the quarter ended March 2017 as against net loss of Rs 29.78 crore during the previous quarter ended March 2016. Sales rose 13.66% to Rs 113.09 crore in the quarter ended March 2017 as against Rs 99.50 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 58.19 crore in the year ended March 2017 as against net loss of Rs 141.27 crore during the previous year ended March 2016. Sales rose 71.65% to Rs 442.31 crore in the year ended March 2017 as against Rs 257.68 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales113.0999.50 14 442.31257.68 72 OPM %25.861.98 -16.113.24 - PBDT39.43-23.34 LP -29.71-114.70 74 PBT32.41-29.78 LP -58.05-141.27 59 NP32.41-29.78 LP -58.19-141.27 59

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