Value Industries reports standalone net loss of Rs 19.03 crore in the March 2017 quarter

Sales decline 42.55% to Rs 213.20 crore

Net Loss of Value Industries reported to Rs 19.03 crore in the quarter ended March 2017 as against net loss of Rs 11.02 crore during the previous quarter ended March 2016. Sales declined 42.55% to Rs 213.20 crore in the quarter ended March 2017 as against Rs 371.09 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 59.01 crore in the year ended March 2017 as against net loss of Rs 33.39 crore during the previous year ended March 2016. Sales declined 40.47% to Rs 1136.49 crore in the year ended March 2017 as against Rs 1909.20 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales213.20371.09 -43 1136.491909.20 -40 OPM %7.867.26 -6.908.92 - PBDT-7.015.52 PL -15.4760.00 PL PBT-25.15-11.48 -119 -84.99-39.06 -118 NP-19.03-11.02 -73 -59.01-33.39 -77

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