Max Ventures and Industries reports consolidated net loss of Rs 7.36 crore in the March 2017 quarter

Sales rise 1.09% to Rs 165.83 crore

Net loss of Max Ventures and Industries reported to Rs 7.36 crore in the quarter ended March 2017 as against net profit of Rs 2.34 crore during the previous quarter ended March 2016. Sales rose 1.09% to Rs 165.83 crore in the quarter ended March 2017 as against Rs 164.04 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 7.37 crore in the year ended March 2017 as against net profit of Rs 19.19 crore during the previous year ended March 2016. Sales declined 6.40% to Rs 649.06 crore in the year ended March 2017 as against Rs 693.45 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales165.83164.04 1 649.06693.45 -6 OPM %-1.736.45 -4.8310.48 - PBDT-5.764.46 PL 11.1646.45 -76 PBT-11.10-0.32 -3369 -9.5527.25 PL NP-7.362.34 PL -7.3719.19 PL

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