Innoventive Industries reports standalone net loss of Rs 90.11 crore in the March 2017 quarter

Sales decline 37.79% to Rs 56.58 crore

Net Loss of Innoventive Industries reported to Rs 90.11 crore in the quarter ended March 2017 as against net loss of Rs 41.63 crore during the previous quarter ended March 2016. Sales declined 37.79% to Rs 56.58 crore in the quarter ended March 2017 as against Rs 90.95 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 482.15 crore in the year ended March 2017 as against net loss of Rs 174.97 crore during the previous year ended March 2016. Sales declined 10.27% to Rs 300.46 crore in the year ended March 2017 as against Rs 334.86 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales56.5890.95 -38 300.46334.86 -10 OPM %-51.343.77 --90.495.13 - PBDT-74.62-26.05 -186 -419.19-112.10 -274 PBT-90.11-41.61 -117 -482.15-174.97 -176 NP-90.11-41.63 -116 -482.15-174.97 -176

Powered by Capital Market - Live News