SRS Real Infrastructure reports standalone net profit of Rs 16.34 crore in the March 2017 quarter

Sales decline 36.95% to Rs 88.58 crore

Net profit of SRS Real Infrastructure reported to Rs 16.34 crore in the quarter ended March 2017 as against net loss of Rs 5.08 crore during the previous quarter ended March 2016. Sales declined 36.95% to Rs 88.58 crore in the quarter ended March 2017 as against Rs 140.49 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 3.37 crore in the year ended March 2017 as against net loss of Rs 2.20 crore during the previous year ended March 2016. Sales declined 65.12% to Rs 264.45 crore in the year ended March 2017 as against Rs 758.23 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales88.58140.49 -37 264.45758.23 -65 OPM %21.63-0.56 -7.502.74 - PBDT24.71-6.78 LP 4.30-0.67 LP PBT23.77-7.29 LP 0.64-2.75 LP NP16.34-5.08 LP -3.37-2.20 -53

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