Lanco Infratech reports consolidated net loss of Rs 584.73 crore in the March 2017 quarter

Sales decline 4.03% to Rs 1982.68 crore

Net Loss of Lanco Infratech reported to Rs 584.73 crore in the quarter ended March 2017 as against net loss of Rs 128.19 crore during the previous quarter ended March 2016. Sales declined 4.03% to Rs 1982.68 crore in the quarter ended March 2017 as against Rs 2066.01 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 2259.97 crore in the year ended March 2017 as against net loss of Rs 273.20 crore during the previous year ended March 2016. Sales declined 9.32% to Rs 7343.69 crore in the year ended March 2017 as against Rs 8098.47 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1982.682066.01 -4 7343.698098.47 -9 OPM %21.9030.73 -19.7031.63 - PBDT-365.77-20.38 -1695 -1382.32139.69 PL PBT-604.96-273.81 -121 -2286.20-677.85 -237 NP-584.73-128.19 -356 -2259.97-273.20 -727

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