Reliance Naval & Engineering reports standalone net loss of Rs 408.68 crore in the March 2018 quarter

Sales decline 85.48% to Rs 33.09 crore

Net Loss of Reliance Naval & Engineering reported to Rs 408.68 crore in the quarter ended March 2018 as against net loss of Rs 139.92 crore during the previous quarter ended March 2017. Sales declined 85.48% to Rs 33.09 crore in the quarter ended March 2018 as against Rs 227.89 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 956.09 crore in the year ended March 2018 as against net loss of Rs 523.43 crore during the previous year ended March 2017. Sales declined 35.40% to Rs 335.09 crore in the year ended March 2018 as against Rs 518.75 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales33.09227.89 -85 335.09518.75 -35 OPM %-653.402.20 --56.514.31 - PBDT-410.54-136.31 -201 -808.07-505.58 -60 PBT-459.59-185.52 -148 -1006.14-706.23 -42 NP-408.68-139.92 -192 -956.09-523.43 -83

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