Radha Madhav Corporation reports standalone net loss of Rs 2.58 crore in the March 2016 quarter

Sales decline 44.34% to Rs 32.27 crore

Net loss of Radha Madhav Corporation reported to Rs 2.58 crore in the quarter ended March 2016 as against net profit of Rs 19.31 crore during the previous quarter ended March 2015. Sales declined 44.34% to Rs 32.27 crore in the quarter ended March 2016 as against Rs 57.98 crore during the previous quarter ended March 2015.

For the full year,net profit declined 89.01% to Rs 13.01 crore in the year ended March 2016 as against Rs 118.35 crore during the previous year ended March 2015. Sales rose 106.23% to Rs 230.61 crore in the year ended March 2016 as against Rs 111.82 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales32.2757.98 -44 230.61111.82 106 OPM %-6.7210.80 -5.364.82 - PBDT-1.826.51 PL 13.146.15 114 PBT-2.248.54 PL 11.494.32 166 NP-2.5819.31 PL 13.01118.35 -89

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