Ortin Laboratories reports standalone net loss of Rs 0.28 crore in the March 2017 quarter

Sales rise 3.02% to Rs 17.74 crore

Net Loss of Ortin Laboratories reported to Rs 0.28 crore in the quarter ended March 2017 as against net loss of Rs 0.42 crore during the previous quarter ended March 2016. Sales rose 3.02% to Rs 17.74 crore in the quarter ended March 2017 as against Rs 17.22 crore during the previous quarter ended March 2016.

For the full year,net profit declined 53.01% to Rs 0.39 crore in the year ended March 2017 as against Rs 0.83 crore during the previous year ended March 2016. Sales rose 6.34% to Rs 42.29 crore in the year ended March 2017 as against Rs 39.77 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales17.7417.22 3 42.2939.77 6 OPM %-18.43-36.82 --33.70-43.47 - PBDT0.350.04 775 2.733.04 -10 PBT-0.08-0.37 78 1.031.39 -26 NP-0.28-0.42 33 0.390.83 -53

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