Surana Corporation reports standalone net loss of Rs 118.58 crore in the March 2017 quarter

Sales decline 92.20% to Rs 43.56 crore

Net Loss of Surana Corporation reported to Rs 118.58 crore in the quarter ended March 2017 as against net loss of Rs 18.14 crore during the previous quarter ended March 2016. Sales declined 92.20% to Rs 43.56 crore in the quarter ended March 2017 as against Rs 558.11 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 319.27 crore in the year ended March 2017 as against net loss of Rs 299.62 crore during the previous year ended March 2016. Sales declined 80.38% to Rs 234.66 crore in the year ended March 2017 as against Rs 1196.32 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales43.56558.11 -92 234.661196.32 -80 OPM %-130.8811.20 --60.55-8.88 - PBDT-119.69-9.17 -1205 -311.56-296.53 -5 PBT-118.58-14.45 -721 -319.27-320.19 0 NP-118.58-18.14 -554 -319.27-299.62 -7

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