Poddar Housing & Development reports standalone net loss of Rs 1.74 crore in the March 2017 quarter

Sales decline 91.21% to Rs 4.78 crore

Net loss of Poddar Housing & Development reported to Rs 1.74 crore in the quarter ended March 2017 as against net profit of Rs 2.57 crore during the previous quarter ended March 2016. Sales declined 91.21% to Rs 4.78 crore in the quarter ended March 2017 as against Rs 54.41 crore during the previous quarter ended March 2016.

For the full year,net profit declined 92.96% to Rs 1.11 crore in the year ended March 2017 as against Rs 15.76 crore during the previous year ended March 2016. Sales declined 74.25% to Rs 30.45 crore in the year ended March 2017 as against Rs 118.27 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales4.7854.41 -91 30.45118.27 -74 OPM %-77.206.65 --20.4912.19 - PBDT-1.766.00 PL 1.5124.00 -94 PBT-1.895.77 PL 0.9323.20 -96 NP-1.742.57 PL 1.1115.76 -93

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