Marg reports standalone net loss of Rs 2.43 crore in the March 2017 quarter

Sales decline 42.12% to Rs 20.61 crore

Net loss of Marg reported to Rs 2.43 crore in the quarter ended March 2017 as against net profit of Rs 98.28 crore during the previous quarter ended March 2016. Sales declined 42.12% to Rs 20.61 crore in the quarter ended March 2017 as against Rs 35.61 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 26.89 crore in the year ended March 2017 as against net loss of Rs 16.98 crore during the previous year ended March 2016. Sales declined 32.91% to Rs 88.30 crore in the year ended March 2017 as against Rs 131.61 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales20.6135.61 -42 88.30131.61 -33 OPM %-180.88-13.17 --34.072.74 - PBDT-0.52108.63 PL -17.132.93 PL PBT-2.9393.79 PL -27.53-21.67 -27 NP-2.4398.28 PL -26.89-16.98 -58

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