Innoventive Industries reports standalone net loss of Rs 41.63 crore in the March 2016 quarter

Sales rise 12.24% to Rs 90.95 crore

Net Loss of Innoventive Industries reported to Rs 41.63 crore in the quarter ended March 2016 as against net loss of Rs 17.28 crore during the previous quarter ended March 2015. Sales rose 12.24% to Rs 90.95 crore in the quarter ended March 2016 as against Rs 81.03 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 174.97 crore in the year ended March 2016 as against net loss of Rs 213.48 crore during the previous year ended March 2015. Sales declined 1.75% to Rs 334.86 crore in the year ended March 2016 as against Rs 340.84 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales90.9581.03 12 334.86340.84 -2 OPM %3.7760.18 -5.14-3.33 - PBDT-26.05-13.69 -90 -112.06-156.70 28 PBT-41.61-28.97 -44 -174.93-225.17 22 NP-41.63-17.28 -141 -174.97-213.48 18

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