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Arvind Remedies reports standalone net loss of Rs 99.14 crore in the March 2016 quarter

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Capital Market

Sales decline 94.76% to Rs 2.45 crore

Net Loss of Arvind Remedies reported to Rs 99.14 crore in the quarter ended March 2016 as against net loss of Rs 185.26 crore during the previous quarter ended March 2015. Sales declined 94.76% to Rs 2.45 crore in the quarter ended March 2016 as against Rs 46.72 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 111.32 crore in the year ended March 2016 as against net loss of Rs 320.04 crore during the previous year ended June 2015. Sales declined 98.63% to Rs 10.75 crore in the year ended March 2016 as against Rs 786.44 crore during the previous year ended June 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Jun. 2015% Var.Sales2.4546.72 -95 10.75786.44 -99 OPM %-3896.73-269.05 --882.33-5.49 - PBDT-91.94-116.24 21 -92.34-108.36 15 PBT-99.14-119.94 17 -111.32-137.82 19 NP-99.14-185.26 46 -111.32-320.04 65

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First Published: Jun 01 2016 | 4:25 PM IST

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