Lancor Holdings reports consolidated net loss of Rs 7.16 crore in the March 2017 quarter

Sales decline 54.95% to Rs 9.51 crore

Net loss of Lancor Holdings reported to Rs 7.16 crore in the quarter ended March 2017 as against net profit of Rs 3.64 crore during the previous quarter ended March 2016. Sales declined 54.95% to Rs 9.51 crore in the quarter ended March 2017 as against Rs 21.11 crore during the previous quarter ended March 2016.

For the full year,net profit rose 71.40% to Rs 18.82 crore in the year ended March 2017 as against Rs 10.98 crore during the previous year ended March 2016. Sales declined 12.77% to Rs 82.71 crore in the year ended March 2017 as against Rs 94.82 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales9.5121.11 -55 82.7194.82 -13 OPM %-23.4535.86 -50.0238.05 - PBDT-6.282.45 PL 21.6016.29 33 PBT-6.961.83 PL 18.8913.79 37 NP-7.163.64 PL 18.8210.98 71

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