Nitin Fire Protection Industries reports standalone net loss of Rs 96.61 crore in the March 2017 quarter

Sales reported at Rs -173.05 crore

Net Loss of Nitin Fire Protection Industries reported to Rs 96.61 crore in the quarter ended March 2017 as against net loss of Rs 6.97 crore during the previous quarter ended March 2016. Sales reported to Rs -173.05 crore in the quarter ended March 2017 as against Rs 41.47 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 96.42 crore in the year ended March 2017 as against net profit of Rs 5.44 crore during the previous year ended March 2016. Sales declined 41.62% to Rs 268.74 crore in the year ended March 2017 as against Rs 460.36 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales-173.0541.47 PL 268.74460.36 -42 OPM %44.5010.42 --19.448.28 - PBDT-95.86-6.32 -1417 -91.4414.35 PL PBT-97.21-9.40 -934 -96.697.79 PL NP-96.61-6.97 -1286 -96.425.44 PL

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