Mercator reports consolidated net loss of Rs 489.26 crore in the March 2016 quarter

Sales decline 31.24% to Rs 585.83 crore

Net Loss of Mercator reported to Rs 489.26 crore in the quarter ended March 2016 as against net loss of Rs 440.30 crore during the previous quarter ended March 2015. Sales declined 31.24% to Rs 585.83 crore in the quarter ended March 2016 as against Rs 852.04 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 890.13 crore in the year ended March 2016 as against net loss of Rs 449.53 crore during the previous year ended March 2015. Sales declined 12.46% to Rs 2706.42 crore in the year ended March 2016 as against Rs 3091.63 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales585.83852.04 -31 2706.423091.63 -12 OPM %-56.41-39.12 --14.943.83 - PBDT-403.75-400.76 -1 -667.13-99.80 -568 PBT-476.82-522.51 9 -1089.53-574.36 -90 NP-489.26-440.30 -11 -890.13-449.53 -98

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