Lakshmi Automatic Loom Works reports standalone net loss of Rs 0.30 crore in the March 2016 quarter

Sales decline 29.59% to Rs 0.69 crore

Net loss of Lakshmi Automatic Loom Works reported to Rs 0.30 crore in the quarter ended March 2016 as against net profit of Rs 0.94 crore during the previous quarter ended March 2015. Sales declined 29.59% to Rs 0.69 crore in the quarter ended March 2016 as against Rs 0.98 crore during the previous quarter ended March 2015.

For the full year,net profit declined 62.45% to Rs 0.98 crore in the year ended March 2016 as against Rs 2.61 crore during the previous year ended March 2015. Sales declined 27.58% to Rs 2.60 crore in the year ended March 2016 as against Rs 3.59 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales0.690.98 -30 2.603.59 -28 OPM %52.1789.80 -59.2360.45 - PBDT0.580.88 -34 2.222.66 -17 PBT0.500.77 -35 1.922.27 -15 NP-0.300.94 PL 0.982.61 -62

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