Taaza International reports standalone net loss of Rs 0.48 crore in the March 2016 quarter

Sales decline 82.22% to Rs 27.07 crore

Net loss of Taaza International reported to Rs 0.48 crore in the quarter ended March 2016 as against net profit of Rs 0.23 crore during the previous quarter ended March 2015. Sales declined 82.22% to Rs 27.07 crore in the quarter ended March 2016 as against Rs 152.22 crore during the previous quarter ended March 2015.

For the full year,net profit declined 77.50% to Rs 0.27 crore in the year ended March 2016 as against Rs 1.20 crore during the previous year ended March 2015. Sales declined 32.50% to Rs 258.49 crore in the year ended March 2016 as against Rs 382.96 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales27.07152.22 -82 258.49382.96 -33 OPM %16.704.52 -3.934.71 - PBDT-0.140.61 PL 1.082.20 -51 PBT-0.240.51 PL 0.882.01 -56 NP-0.480.23 PL 0.271.20 -78

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