Mandhana Retail Ventures reports standalone net loss of Rs 6.45 crore in the March 2017 quarter

Sales decline 36.15% to Rs 35.75 crore

Net loss of Mandhana Retail Ventures reported to Rs 6.45 crore in the quarter ended March 2017 as against net profit of Rs 4.20 crore during the previous quarter ended March 2016. Sales declined 36.15% to Rs 35.75 crore in the quarter ended March 2017 as against Rs 55.99 crore during the previous quarter ended March 2016.

For the full year,net profit declined 6.54% to Rs 20.02 crore in the year ended March 2017 as against Rs 21.42 crore during the previous year ended March 2016. Sales rose 0.19% to Rs 216.18 crore in the year ended March 2017 as against Rs 215.76 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales35.7555.99 -36 216.18215.76 0 OPM %-13.1214.29 -18.1018.06 - PBDT-7.647.26 PL 35.4635.76 -1 PBT-8.426.44 PL 32.0632.77 -2 NP-6.454.20 PL 20.0221.42 -7

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