Scooters India reports standalone net loss of Rs 3.71 crore in the March 2017 quarter

Sales decline 53.30% to Rs 16.26 crore

Net loss of Scooters India reported to Rs 3.71 crore in the quarter ended March 2017 as against net profit of Rs 3.88 crore during the previous quarter ended March 2016. Sales declined 53.30% to Rs 16.26 crore in the quarter ended March 2017 as against Rs 34.82 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 10.28 crore in the year ended March 2017 as against net profit of Rs 5.48 crore during the previous year ended March 2016. Sales declined 30.63% to Rs 96.44 crore in the year ended March 2017 as against Rs 139.03 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales16.2634.82 -53 96.44139.03 -31 OPM %-26.01-1.90 --12.24-0.38 - PBDT-3.294.51 PL -8.387.66 PL PBT-3.714.03 PL -10.025.77 PL NP-3.713.88 PL -10.285.48 PL

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