Ojas Asset Reconstruction Company reports standalone net loss of Rs 0.18 crore in the March 2016 quarter

Sales decline 26.47% to Rs 7.25 crore

Net Loss of Ojas Asset Reconstruction Company reported to Rs 0.18 crore in the quarter ended March 2016 as against net loss of Rs 0.17 crore during the previous quarter ended March 2015. Sales declined 26.47% to Rs 7.25 crore in the quarter ended March 2016 as against Rs 9.86 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 1.13 crore in the year ended March 2016 as against net loss of Rs 0.11 crore during the previous year ended March 2015. Sales declined 51.64% to Rs 8.28 crore in the year ended March 2016 as against Rs 17.12 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales7.259.86 -26 8.2817.12 -52 OPM %-2.48-1.42 --13.77-0.47 - PBDT-0.18-0.17 -6 -1.13-0.11 -927 PBT-0.18-0.17 -6 -1.13-0.11 -927 NP-0.18-0.17 -6 -1.13-0.11 -927

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