Neo Corp International reports standalone net loss of Rs 80.65 crore in the March 2016 quarter

Sales decline 34.20% to Rs 138.64 crore

Net loss of Neo Corp International reported to Rs 80.65 crore in the quarter ended March 2016 as against net profit of Rs 6.88 crore during the previous quarter ended March 2015. Sales declined 34.20% to Rs 138.64 crore in the quarter ended March 2016 as against Rs 210.69 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 102.61 crore in the year ended March 2016 as against net profit of Rs 30.21 crore during the previous year ended March 2015. Sales declined 12.35% to Rs 646.91 crore in the year ended March 2016 as against Rs 738.08 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales138.64210.69 -34 646.91738.08 -12 OPM %-48.8912.82 --7.2611.65 - PBDT-72.696.21 PL -87.5843.00 PL PBT-85.974.65 PL -107.9934.92 PL NP-80.656.88 PL -102.6130.21 PL

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