Prakash Industries reports standalone net loss of Rs 164.25 crore in the March 2015 quarter

Sales decline 10.89% to Rs 638.97 crore

Net loss of Prakash Industries reported to Rs 164.25 crore in the quarter ended March 2015 as against net profit of Rs 62.36 crore during the previous quarter ended March 2014. Sales declined 10.89% to Rs 638.97 crore in the quarter ended March 2015 as against Rs 717.02 crore during the previous quarter ended March 2014.

For the full year,net profit declined 94.61% to Rs 9.34 crore in the year ended March 2015 as against Rs 173.16 crore during the previous year ended March 2014. Sales rose 9.23% to Rs 2836.41 crore in the year ended March 2015 as against Rs 2596.62 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales638.97717.02 -11 2836.412596.62 9 OPM %16.6417.47 -14.4514.47 - PBDT90.99113.49 -20 356.89321.35 11 PBT66.3483.73 -21 258.40203.59 27 NP-164.2562.36 PL 9.34173.16 -95

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