Rane Engine Valve reports standalone net loss of Rs 6.65 crore in the March 2016 quarter

Sales decline 52.30% to Rs 91.25 crore

Net loss of Rane Engine Valve reported to Rs 6.65 crore in the quarter ended March 2016 as against net profit of Rs 27.05 crore during the previous quarter ended March 2015. Sales declined 52.30% to Rs 91.25 crore in the quarter ended March 2016 as against Rs 191.31 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 12.54 crore in the year ended March 2016 as against net profit of Rs 23.48 crore during the previous year ended March 2015. Sales declined 11.64% to Rs 342.44 crore in the year ended March 2016 as against Rs 387.57 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales91.25191.31 -52 342.44387.57 -12 OPM %0.085.40 -1.077.66 - PBDT-3.025.58 PL -7.6115.24 PL PBT-10.08-7.70 -31 -35.15-13.12 -168 NP-6.6527.05 PL -12.5423.48 PL

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