Lakshmi Energy & Foods reports standalone net loss of Rs 61.81 crore in the March 2017 quarter

Sales decline 27.02% to Rs 182.55 crore

Net Loss of Lakshmi Energy & Foods reported to Rs 61.81 crore in the quarter ended March 2017 as against net loss of Rs 51.32 crore during the previous quarter ended March 2016. Sales declined 27.02% to Rs 182.55 crore in the quarter ended March 2017 as against Rs 250.13 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 1.11 crore in the year ended March 2017 as against net loss of Rs 90.78 crore during the previous year ended March 2016. Sales rose 11.67% to Rs 1021.44 crore in the year ended March 2017 as against Rs 914.72 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales182.55250.13 -27 1021.44914.72 12 OPM %6.68-35.16 -12.56-3.59 - PBDT12.25-39.72 LP 103.46-65.52 LP PBT21.54-55.23 LP 89.80-97.41 LP NP-61.81-51.32 -20 -1.11-90.78 99

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