Pipavav Defence & Offshore Engineering Company reports standalone net loss of Rs 236.05 crore in the March 2015 quarter

Sales decline 89.01% to Rs 49.36 crore

Net loss of Pipavav Defence & Offshore Engineering Company reported to Rs 236.05 crore in the quarter ended March 2015 as against net profit of Rs 1.31 crore during the previous quarter ended March 2014. Sales declined 89.01% to Rs 49.36 crore in the quarter ended March 2015 as against Rs 449.10 crore during the previous quarter ended March 2014.

For the full year,net loss reported to Rs 369.03 crore in the year ended March 2015 as against net profit of Rs 8.36 crore during the previous year ended March 2014. Sales declined 63.65% to Rs 824.03 crore in the year ended March 2015 as against Rs 2267.21 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales49.36449.10 -89 824.032267.21 -64 OPM %-266.2731.21 -11.2727.12 - PBDT-264.1458.19 PL -328.76189.63 PL PBT-298.2115.99 PL -460.1027.93 PL NP-236.051.31 PL -369.038.36 PL

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