Tuticorin Alkali Chemicals & Fertilizers reports standalone net loss of Rs 24.30 crore in the March 2017 quarter

Sales decline 8.58% to Rs 33.55 crore

Net loss of Tuticorin Alkali Chemicals & Fertilizers reported to Rs 24.30 crore in the quarter ended March 2017 as against net profit of Rs 45.97 crore during the previous quarter ended March 2016. Sales declined 8.58% to Rs 33.55 crore in the quarter ended March 2017 as against Rs 36.70 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 34.51 crore in the year ended March 2017 as against net profit of Rs 33.64 crore during the previous year ended March 2016. Sales declined 15.33% to Rs 132.55 crore in the year ended March 2017 as against Rs 156.54 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales33.5536.70 -9 132.55156.54 -15 OPM %-68.55-31.23 --23.79-10.30 - PBDT-23.46-9.38 -150 -32.09-20.19 -59 PBT-24.30-9.98 -143 -34.51-22.31 -55 NP-24.3045.97 PL -34.5133.64 PL

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