Nicco Corporation reports standalone net loss of Rs 15.80 crore in the March 2015 quarter

Sales decline 88.85% to Rs 6.09 crore

Net Loss of Nicco Corporation reported to Rs 15.80 crore in the quarter ended March 2015 as against net loss of Rs 12.47 crore during the previous quarter ended March 2014. Sales declined 88.85% to Rs 6.09 crore in the quarter ended March 2015 as against Rs 54.61 crore during the previous quarter ended March 2014.

For the full year,net loss reported to Rs 46.45 crore in the year ended March 2015 as against net loss of Rs 32.84 crore during the previous year ended March 2014. Sales declined 57.84% to Rs 94.18 crore in the year ended March 2015 as against Rs 223.39 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales6.0954.61 -89 94.18223.39 -58 OPM %-122.33-3.44 --16.463.79 - PBDT-14.78-10.95 -35 -42.30-26.66 -59 PBT-15.80-12.47 -27 -46.45-32.84 -41 NP-15.80-12.47 -27 -46.45-32.84 -41

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