Zicom Electronic Security Systems reports standalone net loss of Rs 57.24 crore in the March 2017 quarter

Sales decline 72.46% to Rs 32.40 crore

Net Loss of Zicom Electronic Security Systems reported to Rs 57.24 crore in the quarter ended March 2017 as against net loss of Rs 9.42 crore during the previous quarter ended March 2016. Sales declined 72.46% to Rs 32.40 crore in the quarter ended March 2017 as against Rs 117.64 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 63.10 crore in the year ended March 2017 as against net profit of Rs 1.72 crore during the previous year ended March 2016. Sales declined 52.27% to Rs 201.83 crore in the year ended March 2017 as against Rs 422.88 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales32.40117.64 -72 201.83422.88 -52 OPM %-124.60-10.29 --17.632.97 - PBDT-55.22-14.87 -271 -58.646.78 PL PBT-56.19-14.48 -288 -62.662.34 PL NP-57.24-9.42 -508 -63.101.72 PL

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