Ponni Sugars (Erode) reports standalone net loss of Rs 1.37 crore in the March 2017 quarter

Sales decline 12.89% to Rs 44.93 crore

Net loss of Ponni Sugars (Erode) reported to Rs 1.37 crore in the quarter ended March 2017 as against net profit of Rs 13.40 crore during the previous quarter ended March 2016. Sales declined 12.89% to Rs 44.93 crore in the quarter ended March 2017 as against Rs 51.58 crore during the previous quarter ended March 2016.

For the full year,net profit rose 699.47% to Rs 15.19 crore in the year ended March 2017 as against Rs 1.90 crore during the previous year ended March 2016. Sales rose 47.69% to Rs 248.91 crore in the year ended March 2017 as against Rs 168.53 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales44.9351.58 -13 248.91168.53 48 OPM %15.1120.51 -15.501.00 - PBDT6.1410.10 -39 35.10-2.64 LP PBT4.678.69 -46 29.40-8.28 LP NP-1.3713.40 PL 15.191.90 699

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