IVRCL reports standalone net loss of Rs 263.95 crore in the March 2016 quarter

Sales decline 36.52% to Rs 652.26 crore

Net Loss of IVRCL reported to Rs 263.95 crore in the quarter ended March 2016 as against net loss of Rs 155.08 crore during the previous quarter ended March 2015. Sales declined 36.52% to Rs 652.26 crore in the quarter ended March 2016 as against Rs 1027.55 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 1060.44 crore in the year ended March 2016 as against net loss of Rs 672.23 crore during the previous year ended March 2015. Sales declined 24.24% to Rs 2361.68 crore in the year ended March 2016 as against Rs 3117.42 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales652.261027.55 -37 2361.683117.42 -24 OPM %-15.460.51 --16.84-0.94 - PBDT-284.66-134.42 -112 -1042.33-638.68 -63 PBT-304.91-155.08 -97 -1122.53-729.04 -54 NP-263.95-155.08 -70 -1060.44-672.23 -58

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