MT Educare reports standalone net loss of Rs 80.66 crore in the March 2018 quarter

Sales decline 41.39% to Rs 30.68 crore

Net Loss of MT Educare reported to Rs 80.66 crore in the quarter ended March 2018 as against net loss of Rs 14.59 crore during the previous quarter ended March 2017. Sales declined 41.39% to Rs 30.68 crore in the quarter ended March 2018 as against Rs 52.35 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 121.47 crore in the year ended March 2018 as against net profit of Rs 0.02 crore during the previous year ended March 2017. Sales declined 28.29% to Rs 181.11 crore in the year ended March 2018 as against Rs 252.57 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales30.6852.35 -41 181.11252.57 -28 OPM %-238.14-28.60 --89.697.68 - PBDT-75.06-17.00 -342 -168.5718.88 PL PBT-79.45-21.53 -269 -187.181.59 PL NP-80.66-14.59 -453 -121.470.02 PL

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