Remsons Industries reports standalone net loss of Rs 0.60 crore in the March 2017 quarter

Sales decline 16.00% to Rs 28.09 crore

Net loss of Remsons Industries reported to Rs 0.60 crore in the quarter ended March 2017 as against net profit of Rs 0.63 crore during the previous quarter ended March 2016. Sales declined 16.00% to Rs 28.09 crore in the quarter ended March 2017 as against Rs 33.44 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 0.88 crore in the year ended March 2017 as against net profit of Rs 0.45 crore during the previous year ended March 2016. Sales rose 5.76% to Rs 120.52 crore in the year ended March 2017 as against Rs 113.96 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales28.0933.44 -16 120.52113.96 6 OPM %-1.075.17 -2.084.03 - PBDT-0.461.60 PL 0.842.88 -71 PBT-1.111.01 PL -1.590.60 PL NP-0.600.63 PL -0.880.45 PL

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