NIIT reports standalone net loss of Rs 108.58 crore in the March 2015 quarter

Sales decline 36.66% to Rs 84.91 crore

Net loss of NIIT reported to Rs 108.58 crore in the quarter ended March 2015 as against net profit of Rs 25.30 crore during the previous quarter ended March 2014. Sales declined 36.66% to Rs 84.91 crore in the quarter ended March 2015 as against Rs 134.06 crore during the previous quarter ended March 2014.

For the full year,net loss reported to Rs 116.10 crore in the year ended March 2015 as against net loss of Rs 7.78 crore during the previous year ended March 2014. Sales declined 33.00% to Rs 348.54 crore in the year ended March 2015 as against Rs 520.19 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales84.91134.06 -37 348.54520.19 -33 OPM %-11.5110.28 --2.503.87 - PBDT-2.5945.75 PL 15.2264.14 -76 PBT-21.7327.70 PL -27.91-3.81 -633 NP-108.5825.30 PL -116.10-7.78 -1392

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