Spice Mobility reports consolidated net loss of Rs 3.40 crore in the March 2017 quarter

Sales decline 8.89% to Rs 195.92 crore

Net Loss of Spice Mobility reported to Rs 3.40 crore in the quarter ended March 2017 as against net loss of Rs 23.37 crore during the previous quarter ended March 2016. Sales declined 8.89% to Rs 195.92 crore in the quarter ended March 2017 as against Rs 215.03 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 38.50 crore in the year ended March 2017 as against net loss of Rs 66.74 crore during the previous year ended March 2016. Sales rose 4.14% to Rs 890.65 crore in the year ended March 2017 as against Rs 855.26 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales195.92215.03 -9 890.65855.26 4 OPM %0.68-8.25 --2.30-5.59 - PBDT6.37-16.10 LP 3.17-29.59 LP PBT0.40-22.91 LP -20.17-57.26 65 NP-3.40-23.37 85 -38.50-66.74 42

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