Sales decline 59.20% to Rs 17.51 crore
Net loss of Panoramic Universal reported to Rs 11.40 crore in the quarter ended March 2016 as against net profit of Rs 7.34 crore during the previous quarter ended March 2015. Sales declined 59.20% to Rs 17.51 crore in the quarter ended March 2016 as against Rs 42.92 crore during the previous quarter ended March 2015.For the full year,net loss reported to Rs 17.92 crore in the year ended March 2016 as against net profit of Rs 3.81 crore during the previous year ended March 2015. Sales declined 22.56% to Rs 101.75 crore in the year ended March 2016 as against Rs 131.39 crore during the previous year ended March 2015.
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