Lakshmi Energy & Foods reports consolidated net loss of Rs 61.19 crore in the March 2017 quarter

Sales decline 52.52% to Rs 182.99 crore

Net Loss of Lakshmi Energy & Foods reported to Rs 61.19 crore in the quarter ended March 2017 as against net loss of Rs 44.66 crore during the previous quarter ended March 2016. Sales declined 52.52% to Rs 182.99 crore in the quarter ended March 2017 as against Rs 385.41 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 0.99 crore in the year ended March 2017 as against net loss of Rs 88.01 crore during the previous year ended March 2016. Sales declined 2.72% to Rs 1022.65 crore in the year ended March 2017 as against Rs 1051.28 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales182.99385.41 -53 1022.651051.28 -3 OPM %6.60-21.74 -12.49-3.08 - PBDT12.14-35.55 LP 102.88-65.05 LP PBT21.42-51.11 LP 89.03-97.16 LP NP-61.19-44.66 -37 0.99-88.01 LP

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