Sales decline 3.96% to Rs 509.74 crore
Net loss of Responsive Industries reported to Rs 7.70 crore in the quarter ended March 2017 as against net profit of Rs 2.32 crore during the previous quarter ended March 2016. Sales declined 3.96% to Rs 509.74 crore in the quarter ended March 2017 as against Rs 530.78 crore during the previous quarter ended March 2016.For the full year,net profit declined 46.25% to Rs 10.24 crore in the year ended March 2017 as against Rs 19.05 crore during the previous year ended March 2016. Sales declined 10.73% to Rs 2006.14 crore in the year ended March 2017 as against Rs 2247.20 crore during the previous year ended March 2016.
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