Mercator reports standalone net loss of Rs 62.51 crore in the March 2018 quarter

Sales decline 28.38% to Rs 96.97 crore

Net Loss of Mercator reported to Rs 62.51 crore in the quarter ended March 2018 as against net loss of Rs 9.68 crore during the previous quarter ended March 2017. Sales declined 28.38% to Rs 96.97 crore in the quarter ended March 2018 as against Rs 135.40 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 184.99 crore in the year ended March 2018 as against net loss of Rs 30.55 crore during the previous year ended March 2017. Sales declined 24.64% to Rs 405.67 crore in the year ended March 2018 as against Rs 538.33 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales96.97135.40 -28 405.67538.33 -25 OPM %-1.3727.74 -13.9935.90 - PBDT-9.8227.24 PL -5.06126.88 PL PBT-21.04-9.48 -122 -142.82-20.39 -600 NP-62.51-9.68 -546 -184.99-30.55 -506

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