Innocorp reports standalone net loss of Rs 0.31 crore in the March 2016 quarter

Sales decline 46.34% to Rs 0.44 crore

Net Loss of Innocorp reported to Rs 0.31 crore in the quarter ended March 2016 as against net loss of Rs 4.88 crore during the previous quarter ended March 2015. Sales declined 46.34% to Rs 0.44 crore in the quarter ended March 2016 as against Rs 0.82 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 1.22 crore in the year ended March 2016 as against net loss of Rs 2.77 crore during the previous year ended March 2015. Sales declined 84.90% to Rs 1.66 crore in the year ended March 2016 as against Rs 10.99 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales0.440.82 -46 1.6610.99 -85 OPM %52.27-189.02 --27.71-27.66 - PBDT-0.10-1.58 94 -0.77-3.60 79 PBT-0.31-2.44 87 -1.22-5.05 76 NP-0.31-4.88 94 -1.22-2.77 56

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