Pioneer Distilleries reports standalone net loss of Rs 11.21 crore in the March 2017 quarter

Sales decline 29.43% to Rs 34.60 crore

Net loss of Pioneer Distilleries reported to Rs 11.21 crore in the quarter ended March 2017 as against net profit of Rs 12.13 crore during the previous quarter ended March 2016. Sales declined 29.43% to Rs 34.60 crore in the quarter ended March 2017 as against Rs 49.03 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 30.08 crore in the year ended March 2017 as against net profit of Rs 21.92 crore during the previous year ended March 2016. Sales declined 40.47% to Rs 113.00 crore in the year ended March 2017 as against Rs 189.83 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales34.6049.03 -29 113.00189.83 -40 OPM %-15.1459.62 -2.7842.82 - PBDT-10.3823.92 PL -16.1457.28 PL PBT-17.6117.44 PL -43.4731.75 PL NP-11.2112.13 PL -30.0821.92 PL

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