Indovation Technologies reports standalone net loss of Rs 0.02 crore in the March 2017 quarter

Sales decline 45.27% to Rs 19.84 crore

Net loss of Indovation Technologies reported to Rs 0.02 crore in the quarter ended March 2017. There were no net profit/loss reported during the previous quarter ended March 2016. Sales declined 45.27% to Rs 19.84 crore in the quarter ended March 2017 as against Rs 36.25 crore during the previous quarter ended March 2016.

For the full year,no net profit/loss reported in the year ended March 2017 as against net profit of Rs 0.09 crore during the previous year ended March 2016. Sales rose 7.06% to Rs 64.91 crore in the year ended March 2017 as against Rs 60.63 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales19.8436.25 -45 64.9160.63 7 OPM %0.200.17 -0.340.54 - PBDT0.040.06 -33 0.220.33 -33 PBT-0.020 0 00.11 -100 NP-0.020 0 00.09 -100

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