Saraswati Commercial (India) reports standalone net loss of Rs 0.87 crore in the March 2017 quarter

Sales decline 10.95% to Rs 3.14 crore

Net loss of Saraswati Commercial (India) reported to Rs 0.87 crore in the quarter ended March 2017 as against net profit of Rs 1.42 crore during the previous quarter ended March 2016. Sales reported to Rs -3.14 crore in the quarter ended March 2017 as against Rs -2.83 crore during the previous quarter ended March 2016.

For the full year,net profit declined 62.26% to Rs 5.22 crore in the year ended March 2017 as against Rs 13.83 crore during the previous year ended March 2016. Sales declined 30.30% to Rs 6.44 crore in the year ended March 2017 as against Rs 9.24 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales-3.14-2.83 -11 6.449.24 -30 OPM %150.64110.25 -57.4588.74 - PBDT-0.951.42 PL 5.1713.84 -63 PBT-0.951.42 PL 5.1413.84 -63 NP-0.871.42 PL 5.2213.83 -62

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