Magnum Ventures reports standalone net loss of Rs 37.19 crore in the March 2016 quarter

Sales rise 9.26% to Rs 60.50 crore

Net Loss of Magnum Ventures reported to Rs 37.19 crore in the quarter ended March 2016 as against net loss of Rs 52.01 crore during the previous quarter ended March 2015. Sales rose 9.26% to Rs 60.50 crore in the quarter ended March 2016 as against Rs 55.37 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 91.66 crore in the year ended March 2016 as against net loss of Rs 73.32 crore during the previous year ended March 2015. Sales rose 2.41% to Rs 228.08 crore in the year ended March 2016 as against Rs 222.72 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales60.5055.37 9 228.08222.72 2 OPM %19.931.43 --7.457.67 - PBDT-7.34-6.53 -12 -70.26-21.11 -233 PBT-13.33-12.67 -5 -94.50-45.91 -106 NP-37.19-52.01 28 -91.66-73.32 -25

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