Opto Circuits (India) reports standalone net loss of Rs 21.50 crore in the March 2017 quarter

Sales rise 7.12% to Rs 9.63 crore

Net Loss of Opto Circuits (India) reported to Rs 21.50 crore in the quarter ended March 2017 as against net loss of Rs 2.42 crore during the previous quarter ended March 2016. Sales rose 7.12% to Rs 9.63 crore in the quarter ended March 2017 as against Rs 8.99 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 364.04 crore in the year ended March 2017 as against net loss of Rs 18.02 crore during the previous year ended March 2016. Sales declined 34.29% to Rs 50.38 crore in the year ended March 2017 as against Rs 76.67 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales9.638.99 7 50.3876.67 -34 OPM %44.44-24.58 -29.7730.61 - PBDT3.35-0.01 LP 7.32-8.05 LP PBT1.43-2.42 LP -1.47-17.55 92 NP-21.50-2.42 -788 -364.04-18.02 -1920

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