Sales decline 0.85% to Rs 678.47 crore
Net loss of Patel Engineering reported to Rs 36.64 crore in the quarter ended March 2016 as against net profit of Rs 8.87 crore during the previous quarter ended March 2015. Sales declined 0.85% to Rs 678.47 crore in the quarter ended March 2016 as against Rs 684.27 crore during the previous quarter ended March 2015.For the full year,net loss reported to Rs 18.68 crore in the year ended March 2016 as against net profit of Rs 11.89 crore during the previous year ended March 2015. Sales rose 6.01% to Rs 2543.49 crore in the year ended March 2016 as against Rs 2399.24 crore during the previous year ended March 2015.
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