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Aries Agro reports consolidated net loss of Rs 2.26 crore in the March 2017 quarter

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Capital Market

Sales decline 3.44% to Rs 57.55 crore

Net Loss of Aries Agro reported to Rs 2.26 crore in the quarter ended March 2017 as against net loss of Rs 7.44 crore during the previous quarter ended March 2016. Sales declined 3.44% to Rs 57.55 crore in the quarter ended March 2017 as against Rs 59.60 crore during the previous quarter ended March 2016.

For the full year,net profit declined 2.35% to Rs 7.06 crore in the year ended March 2017 as against Rs 7.23 crore during the previous year ended March 2016. Sales declined 3.71% to Rs 252.50 crore in the year ended March 2017 as against Rs 262.23 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales57.5559.60 -3 252.50262.23 -4 OPM %2.730.59 -15.4317.49 - PBDT-3.82-5.73 33 35.3222.74 55 PBT-4.89-8.33 41 11.9512.16 -2 NP-2.26-7.44 70 7.067.23 -2

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First Published: Jun 02 2017 | 6:01 PM IST

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