Lakshmi Energy & Foods reports standalone net loss of Rs 51.32 crore in the March 2016 quarter

Sales rise 554.24% to Rs 250.51 crore

Net Loss of Lakshmi Energy & Foods reported to Rs 51.32 crore in the quarter ended March 2016 as against net loss of Rs 337.75 crore during the previous quarter ended March 2015. Sales rose 554.24% to Rs 250.51 crore in the quarter ended March 2016 as against Rs 38.29 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 90.78 crore in the year ended March 2016 as against net loss of Rs 336.40 crore during the previous year ended March 2015. Sales rose 48.60% to Rs 915.71 crore in the year ended March 2016 as against Rs 616.24 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales250.5138.29 554 915.71616.24 49 OPM %-1.38-6.97 -5.6415.81 - PBDT44.76-42.94 LP 18.96-14.61 LP PBT29.25-41.04 LP -12.93-47.48 73 NP-51.32-337.75 85 -90.78-336.40 73

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