Melstar Information Technologies reports standalone net loss of Rs 0.96 crore in the March 2018 quarter

Sales decline 68.40% to Rs 0.79 crore

Net Loss of Melstar Information Technologies reported to Rs 0.96 crore in the quarter ended March 2018 as against net loss of Rs 1.28 crore during the previous quarter ended March 2017. Sales declined 68.40% to Rs 0.79 crore in the quarter ended March 2018 as against Rs 2.50 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 2.69 crore in the year ended March 2018 as against net loss of Rs 3.86 crore during the previous year ended March 2017. Sales declined 84.06% to Rs 3.35 crore in the year ended March 2018 as against Rs 21.02 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales0.792.50 -68 3.3521.02 -84 OPM %-91.14-32.80 --117.91-8.09 - PBDT-0.97-1.13 14 -2.25-3.23 30 PBT-0.80-1.28 38 -2.53-3.86 34 NP-0.96-1.28 25 -2.69-3.86 30

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