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Aries Agro reports consolidated net loss of Rs 5.42 crore in the March 2016 quarter

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Capital Market

Sales decline 30.91% to Rs 64.54 crore

Net loss of Aries Agro reported to Rs 5.42 crore in the quarter ended March 2016 as against net profit of Rs 0.95 crore during the previous quarter ended March 2015. Sales declined 30.91% to Rs 64.54 crore in the quarter ended March 2016 as against Rs 93.42 crore during the previous quarter ended March 2015.

For the full year,net profit declined 57.12% to Rs 7.23 crore in the year ended March 2016 as against Rs 16.86 crore during the previous year ended March 2015. Sales declined 6.64% to Rs 284.52 crore in the year ended March 2016 as against Rs 304.75 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales64.5493.42 -31 284.52304.75 -7 OPM %0.3111.28 -16.2018.20 - PBDT-5.764.71 PL 22.9632.67 -30 PBT-8.361.93 PL 12.3822.81 -46 NP-5.420.95 PL 7.2316.86 -57

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First Published: May 31 2016 | 9:39 AM IST

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