Lanco Infratech reports standalone net loss of Rs 222.60 crore in the March 2017 quarter

Sales decline 27.44% to Rs 585.83 crore

Net Loss of Lanco Infratech reported to Rs 222.60 crore in the quarter ended March 2017 as against net loss of Rs 162.48 crore during the previous quarter ended March 2016. Sales declined 27.44% to Rs 585.83 crore in the quarter ended March 2017 as against Rs 807.33 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 889.52 crore in the year ended March 2017 as against net loss of Rs 452.62 crore during the previous year ended March 2016. Sales declined 38.80% to Rs 1634.90 crore in the year ended March 2017 as against Rs 2671.34 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales585.83807.33 -27 1634.902671.34 -39 OPM %-2.288.89 -6.4716.18 - PBDT-205.13-133.85 -53 -801.74-426.65 -88 PBT-222.60-162.39 -37 -889.52-537.15 -66 NP-222.60-162.48 -37 -889.52-452.62 -97

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