Jindal Cotex reports consolidated net loss of Rs 11.42 crore in the March 2017 quarter

Sales rise 130.19% to Rs 60.47 crore

Net Loss of Jindal Cotex reported to Rs 11.42 crore in the quarter ended March 2017 as against net loss of Rs 17.63 crore during the previous quarter ended March 2016. Sales rose 130.19% to Rs 60.47 crore in the quarter ended March 2017 as against Rs 26.27 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 17.87 crore in the year ended March 2017 as against net loss of Rs 82.68 crore during the previous year ended March 2016. Sales rose 74.50% to Rs 177.10 crore in the year ended March 2017 as against Rs 101.49 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales60.4726.27 130 177.10101.49 75 OPM %-8.35-1.14 --0.78-12.36 - PBDT-5.18-14.65 65 -1.06-72.74 99 PBT-10.00-20.11 50 -20.57-92.82 78 NP-11.42-17.63 35 -17.87-82.68 78

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