Servalakshmi Paper reports standalone net loss of Rs 55.48 crore in the March 2016 quarter

Sales decline 99.14% to Rs 0.31 crore

Net Loss of Servalakshmi Paper reported to Rs 55.48 crore in the quarter ended March 2016 as against net loss of Rs 4.85 crore during the previous quarter ended March 2015. Sales declined 99.14% to Rs 0.31 crore in the quarter ended March 2016 as against Rs 35.90 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 127.38 crore in the year ended March 2016 as against net loss of Rs 42.10 crore during the previous year ended March 2015. Sales declined 71.98% to Rs 50.38 crore in the year ended March 2016 as against Rs 179.82 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales0.3135.90 -99 50.38179.82 -72 OPM %-12316.13-11.92 --143.43-3.39 - PBDT-52.86-4.98 -961 -117.07-31.83 -268 PBT-55.48-4.85 -1044 -127.38-42.10 -203 NP-55.48-4.85 -1044 -127.38-42.10 -203

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