Sterling International Enterprises reports consolidated net loss of Rs 28.12 crore in the March 2017 quarter

Sales decline 16.77% to Rs 117.24 crore

Net Loss of Sterling International Enterprises reported to Rs 28.12 crore in the quarter ended March 2017 as against net loss of Rs 19.32 crore during the previous quarter ended March 2016. Sales declined 16.77% to Rs 117.24 crore in the quarter ended March 2017 as against Rs 140.86 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 105.77 crore in the year ended March 2017 as against net loss of Rs 19.99 crore during the previous year ended March 2016. Sales rose 5.41% to Rs 463.37 crore in the year ended March 2017 as against Rs 439.60 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales117.24140.86 -17 463.37439.60 5 OPM %42.5839.70 -42.6345.66 - PBDT40.6550.70 -20 172.67186.78 -8 PBT-28.42-19.58 -45 -106.09-20.16 -426 NP-28.12-19.32 -46 -105.77-19.99 -429

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