Rainbow Papers reports standalone net loss of Rs 54.61 crore in the March 2017 quarter

Sales reported at Rs -0.85 crore

Net Loss of Rainbow Papers reported to Rs 54.61 crore in the quarter ended March 2017 as against net loss of Rs 349.93 crore during the previous quarter ended March 2016. Sales reported to Rs -0.85 crore in the quarter ended March 2017 as against Rs 60.49 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 169.46 crore in the year ended March 2017 as against net loss of Rs 519.58 crore during the previous year ended March 2016. Sales declined 85.74% to Rs 49.36 crore in the year ended March 2017 as against Rs 346.25 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales-0.8560.49 PL 49.36346.25 -86 OPM %121.18-158.27 --54.09-54.26 - PBDT5.91-169.51 LP -32.98-311.73 89 PBT-54.61-278.49 80 -169.46-448.15 62 NP-54.61-349.93 84 -169.46-519.58 67

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