Partani Appliances reports standalone net loss of Rs 0.47 crore in the March 2016 quarter

Sales decline 79.08% to Rs 3.49 crore

Net loss of Partani Appliances reported to Rs 0.47 crore in the quarter ended March 2016 as against net profit of Rs 0.18 crore during the previous quarter ended March 2015. Sales declined 79.08% to Rs 3.49 crore in the quarter ended March 2016 as against Rs 16.68 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 0.51 crore in the year ended March 2016 as against net profit of Rs 0.14 crore during the previous year ended March 2015. Sales declined 6.20% to Rs 20.58 crore in the year ended March 2016 as against Rs 21.94 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales3.4916.68 -79 20.5821.94 -6 OPM %-31.23-2.76 --5.49-2.01 - PBDT-0.470.18 PL -0.510.20 PL PBT-0.470.18 PL -0.510.20 PL NP-0.470.18 PL -0.510.14 PL

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