Xchanging Solutions reports standalone net loss of Rs 2.54 crore in the March 2017 quarter

Sales decline 29.97% to Rs 17.34 crore

Net loss of Xchanging Solutions reported to Rs 2.54 crore in the quarter ended March 2017 as against net profit of Rs 0.34 crore during the previous quarter ended March 2016. Sales declined 29.97% to Rs 17.34 crore in the quarter ended March 2017 as against Rs 24.76 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 6.67 crore in the year ended March 2017 as against net profit of Rs 13.64 crore during the previous year ended December 2015. Sales declined 18.10% to Rs 99.02 crore in the year ended March 2017 as against Rs 120.90 crore during the previous year ended December 2015.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Dec. 2015% Var.Sales17.3424.76 -30 99.02120.90 -18 OPM %-33.851.62 --14.1312.52 - PBDT-2.962.32 PL -3.4026.98 PL PBT-3.421.67 PL -6.2023.09 PL NP-2.540.34 PL -6.6713.64 PL

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