MVL reports consolidated net loss of Rs 0.82 crore in the September 2016 quarter

Sales decline 81.08% to Rs 0.84 crore

Net loss of MVL reported to Rs 0.82 crore in the quarter ended September 2016 as against net profit of Rs 0.02 crore during the previous quarter ended September 2015. Sales declined 81.08% to Rs 0.84 crore in the quarter ended September 2016 as against Rs 4.44 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales0.844.44 -81 OPM %-77.386.76 -PBDT-0.700.28 PL PBT-0.820.11 PL NP-0.820.02 PL

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