Surana Industries reports standalone net loss of Rs 295.34 crore in the March 2016 quarter

Sales decline 57.78% to Rs 112.99 crore

Net Loss of Surana Industries reported to Rs 295.34 crore in the quarter ended March 2016 as against net loss of Rs 63.52 crore during the previous quarter ended March 2015. Sales declined 57.78% to Rs 112.99 crore in the quarter ended March 2016 as against Rs 267.62 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 525.72 crore in the year ended March 2016 as against net loss of Rs 262.79 crore during the previous year ended March 2015. Sales declined 9.77% to Rs 579.43 crore in the year ended March 2016 as against Rs 642.18 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales112.99267.62 -58 579.43642.18 -10 OPM %-53.16-9.82 --32.08-6.90 - PBDT-69.67-66.47 -5 -342.69-172.67 -98 PBT-80.10-69.08 -16 -384.89-234.50 -64 NP-295.34-63.52 -365 -525.72-262.79 -100

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