Jindal Cotex reports standalone net loss of Rs 3.50 crore in the March 2018 quarter

Sales rise 212.18% to Rs 14.86 crore

Net loss of Jindal Cotex reported to Rs 3.50 crore in the quarter ended March 2018 as against net profit of Rs 10.70 crore during the previous quarter ended March 2017. Sales rose 212.18% to Rs 14.86 crore in the quarter ended March 2018 as against Rs 4.76 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 8.17 crore in the year ended March 2018 as against net loss of Rs 12.18 crore during the previous year ended March 2017. Sales rose 557.88% to Rs 35.92 crore in the year ended March 2018 as against Rs 5.46 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales14.864.76 212 35.925.46 558 OPM %-19.38-104.62 --21.46-217.58 - PBDT-1.5312.33 PL -1.31-5.56 76 PBT-3.0110.70 PL -7.70-12.18 37 NP-3.5010.70 PL -8.17-12.18 33

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