Standard Industries reports standalone net loss of Rs 10.23 crore in the March 2017 quarter

Sales rise 41.18% to Rs 2.16 crore

Net Loss of Standard Industries reported to Rs 10.23 crore in the quarter ended March 2017 as against net loss of Rs 3.96 crore during the previous quarter ended March 2016. Sales rose 41.18% to Rs 2.16 crore in the quarter ended March 2017 as against Rs 1.53 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 19.81 crore in the year ended March 2017 as against net loss of Rs 11.40 crore during the previous year ended March 2016. Sales rose 16.67% to Rs 7.35 crore in the year ended March 2017 as against Rs 6.30 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2.161.53 41 7.356.30 17 OPM %-459.26-261.44 --268.44-215.87 - PBDT-10.07-3.66 -175 -19.12-10.21 -87 PBT-10.23-3.96 -158 -19.95-11.40 -75 NP-10.23-3.96 -158 -19.81-11.40 -74

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