Nirvikara Paper Mills reports standalone net loss of Rs 3.82 crore in the March 2016 quarter

Sales rise 110.74% to Rs 41.41 crore

Net Loss of Nirvikara Paper Mills reported to Rs 3.82 crore in the quarter ended March 2016 as against net loss of Rs 3.10 crore during the previous quarter ended March 2015. Sales rose 110.74% to Rs 41.41 crore in the quarter ended March 2016 as against Rs 19.65 crore during the previous quarter ended March 2015.

For the full year,net profit reported to Rs 16.48 crore in the year ended March 2016 as against net loss of Rs 3.10 crore during the previous year ended March 2015. Sales rose 698.27% to Rs 156.86 crore in the year ended March 2016 as against Rs 19.65 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales41.4119.65 111 156.8619.65 698 OPM %-10.48-9.92 --5.35-9.92 - PBDT-5.00-2.50 -100 -13.14-2.50 -426 PBT-5.92-3.04 -95 -16.80-3.04 -453 NP-3.82-3.10 -23 16.48-3.10 LP

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