Spice Mobility reports standalone net loss of Rs 62.18 crore in the March 2017 quarter

Sales decline 99.47% to Rs 0.33 crore

Net Loss of Spice Mobility reported to Rs 62.18 crore in the quarter ended March 2017 as against net loss of Rs 64.37 crore during the previous quarter ended March 2016. Sales declined 99.47% to Rs 0.33 crore in the quarter ended March 2017 as against Rs 62.30 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 87.50 crore in the year ended March 2017 as against net loss of Rs 58.09 crore during the previous year ended March 2016. Sales rose 1.22% to Rs 154.72 crore in the year ended March 2017 as against Rs 152.86 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.3362.30 -99 154.72152.86 1 OPM %-839.39-5.38 --7.83-8.03 - PBDT2.03-1.71 LP 3.889.47 -59 PBT0.67-3.58 LP -3.091.91 PL NP-62.18-64.37 3 -87.50-58.09 -51

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