Neueon Towers reports standalone net loss of Rs 153.14 crore in the March 2018 quarter

Sales rise 243.95% to Rs 26.14 crore

Net Loss of Neueon Towers reported to Rs 153.14 crore in the quarter ended March 2018 as against net loss of Rs 179.60 crore during the previous quarter ended March 2017. Sales rose 243.95% to Rs 26.14 crore in the quarter ended March 2018 as against Rs 7.60 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 462.63 crore in the year ended March 2018 as against net loss of Rs 491.92 crore during the previous year ended March 2017. Sales declined 68.42% to Rs 64.15 crore in the year ended March 2018 as against Rs 203.12 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales26.147.60 244 64.15203.12 -68 OPM %-1318.29-958.42 --538.66-35.82 - PBDT-124.18-148.27 16 -345.90-365.14 5 PBT-147.31-171.49 14 -439.81-460.03 4 NP-153.14-179.60 15 -462.63-491.92 6

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