Kinetic Engineering reports standalone net loss of Rs 2.43 crore in the March 2017 quarter

Sales rise 62.22% to Rs 24.30 crore

Net Loss of Kinetic Engineering reported to Rs 2.43 crore in the quarter ended March 2017 as against net loss of Rs 3.05 crore during the previous quarter ended March 2016. Sales rose 62.22% to Rs 24.30 crore in the quarter ended March 2017 as against Rs 14.98 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 14.17 crore in the year ended March 2017 as against net loss of Rs 1.19 crore during the previous year ended March 2016. Sales rose 33.72% to Rs 79.11 crore in the year ended March 2017 as against Rs 59.16 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales24.3014.98 62 79.1159.16 34 OPM %-3.54-8.74 --8.41-13.30 - PBDT-0.08-1.08 93 -5.95-7.30 18 PBT-2.12-3.17 33 -14.09-15.94 12 NP-2.43-3.05 20 -14.17-1.19 -1091

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