Veer Energy & Infrastructure reports standalone net loss of Rs 0.09 crore in the March 2016 quarter

Sales decline 54.70% to Rs 8.28 crore

Net loss of Veer Energy & Infrastructure reported to Rs 0.09 crore in the quarter ended March 2016 as against net profit of Rs 0.62 crore during the previous quarter ended March 2015. Sales declined 54.70% to Rs 8.28 crore in the quarter ended March 2016 as against Rs 18.28 crore during the previous quarter ended March 2015.

For the full year,net profit declined 18.92% to Rs 1.50 crore in the year ended March 2016 as against Rs 1.85 crore during the previous year ended March 2015. Sales rose 1.31% to Rs 45.76 crore in the year ended March 2016 as against Rs 45.17 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales8.2818.28 -55 45.7645.17 1 OPM %3.025.42 -6.758.19 - PBDT0.040.94 -96 2.703.27 -17 PBT-0.190.69 PL 1.772.24 -21 NP-0.090.62 PL 1.501.85 -19

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