Ushdev International reports standalone net loss of Rs 48.25 crore in the March 2016 quarter

Sales decline 44.67% to Rs 1774.88 crore

Net loss of Ushdev International reported to Rs 48.25 crore in the quarter ended March 2016 as against net profit of Rs 58.04 crore during the previous quarter ended March 2015. Sales declined 44.67% to Rs 1774.88 crore in the quarter ended March 2016 as against Rs 3207.84 crore during the previous quarter ended March 2015.

For the full year,net profit declined 74.37% to Rs 52.16 crore in the year ended March 2016 as against Rs 203.49 crore during the previous year ended March 2015. Sales declined 7.22% to Rs 8157.28 crore in the year ended March 2016 as against Rs 8791.69 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales1774.883207.84 -45 8157.288791.69 -7 OPM %1.052.21 -3.223.42 - PBDT-69.5278.53 PL 92.22207.78 -56 PBT-71.4676.77 PL 84.56200.50 -58 NP-48.2558.04 PL 52.16203.49 -74

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