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Ashapura Minechem reports standalone net loss of Rs 8.29 crore in the June 2016 quarter

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Capital Market

Sales decline 63.10% to Rs 76.66 crore

Net loss of Ashapura Minechem reported to Rs 8.29 crore in the quarter ended June 2016 as against net profit of Rs 49.70 crore during the previous quarter ended June 2015. Sales declined 63.10% to Rs 76.66 crore in the quarter ended June 2016 as against Rs 207.74 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales76.66207.74 -63 OPM %-4.1716.11 -PBDT-3.1834.00 PL PBT-8.2929.83 PL NP-8.2949.70 PL

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First Published: Aug 11 2016 | 12:08 PM IST

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