MT Educare reports standalone net loss of Rs 1.30 crore in the March 2017 quarter

Sales decline 10.10% to Rs 30.43 crore

Net loss of MT Educare reported to Rs 1.30 crore in the quarter ended March 2017 as against net profit of Rs 1.39 crore during the previous quarter ended March 2016. Sales declined 10.10% to Rs 30.43 crore in the quarter ended March 2017 as against Rs 33.85 crore during the previous quarter ended March 2016.

For the full year,net profit declined 63.35% to Rs 10.71 crore in the year ended March 2017 as against Rs 29.22 crore during the previous year ended March 2016. Sales declined 12.98% to Rs 167.80 crore in the year ended March 2017 as against Rs 192.82 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales30.4333.85 -10 167.80192.82 -13 OPM %18.7017.90 -21.9428.37 - PBDT3.326.49 -49 35.2259.64 -41 PBT-1.212.54 PL 17.9344.99 -60 NP-1.301.39 PL 10.7129.22 -63

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