PVP Ventures reports standalone net loss of Rs 3.38 crore in the June 2016 quarter

Sales decline 67.99% to Rs 2.66 crore

Net loss of PVP Ventures reported to Rs 3.38 crore in the quarter ended June 2016 as against net profit of Rs 1.14 crore during the previous quarter ended June 2015. Sales declined 67.99% to Rs 2.66 crore in the quarter ended June 2016 as against Rs 8.31 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales2.668.31 -68 OPM %23.6860.53 -PBDT-3.241.30 PL PBT-3.381.16 PL NP-3.381.14 PL

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