Visagar Polytex reports standalone net loss of Rs 3.70 crore in the March 2016 quarter

Sales rise 93.48% to Rs 35.04 crore

Net loss of Visagar Polytex reported to Rs 3.70 crore in the quarter ended March 2016 as against net profit of Rs 0.83 crore during the previous quarter ended March 2015. Sales rose 93.48% to Rs 35.04 crore in the quarter ended March 2016 as against Rs 18.11 crore during the previous quarter ended March 2015.

For the full year,net profit declined 93.57% to Rs 0.11 crore in the year ended March 2016 as against Rs 1.71 crore during the previous year ended March 2015. Sales rose 69.34% to Rs 103.18 crore in the year ended March 2016 as against Rs 60.93 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales35.0418.11 93 103.1860.93 69 OPM %-4.7110.16 -2.937.02 - PBDT-1.791.59 PL 2.023.42 -41 PBT-3.650.83 PL 0.162.31 -93 NP-3.700.83 PL 0.111.71 -94

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