Raj Rayon Industries reports standalone net loss of Rs 19.07 crore in the March 2017 quarter

Sales decline 45.43% to Rs 52.21 crore

Net Loss of Raj Rayon Industries reported to Rs 19.07 crore in the quarter ended March 2017 as against net loss of Rs 194.43 crore during the previous quarter ended March 2016. Sales declined 45.43% to Rs 52.21 crore in the quarter ended March 2017 as against Rs 95.68 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 66.29 crore in the year ended March 2017 as against net loss of Rs 286.68 crore during the previous year ended March 2016. Sales declined 39.20% to Rs 274.19 crore in the year ended March 2017 as against Rs 450.99 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales52.2195.68 -45 274.19450.99 -39 OPM %-14.61-121.51 --6.83-33.60 - PBDT-7.54-139.40 95 -18.60-238.06 92 PBT-19.07-149.51 87 -66.29-286.66 77 NP-19.07-194.43 90 -66.29-286.68 77

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