REI Agro reports standalone net loss of Rs 169.54 crore in the March 2016 quarter

Sales decline 77.74% to Rs 73.33 crore

Net Loss of REI Agro reported to Rs 169.54 crore in the quarter ended March 2016 as against net loss of Rs 2781.86 crore during the previous quarter ended March 2015. Sales declined 77.74% to Rs 73.33 crore in the quarter ended March 2016 as against Rs 329.43 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 1076.14 crore in the year ended March 2016 as against net loss of Rs 5494.30 crore during the previous year ended March 2015. Sales declined 71.88% to Rs 521.80 crore in the year ended March 2016 as against Rs 1855.77 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales73.33329.43 -78 521.801855.77 -72 OPM %-101.13-785.85 --158.27-261.11 - PBDT-103.50-2707.98 96 -931.56-5114.89 82 PBT-129.59-2781.86 95 -1036.53-5219.90 80 NP-169.54-2781.86 94 -1076.14-5494.30 80

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