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Astec Lifesciences reports consolidated net loss of Rs 3.86 crore in the March 2016 quarter

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Capital Market

Sales decline 6.38% to Rs 86.79 crore

Net loss of Astec Lifesciences reported to Rs 3.86 crore in the quarter ended March 2016 as against net profit of Rs 3.25 crore during the previous quarter ended March 2015. Sales declined 6.38% to Rs 86.79 crore in the quarter ended March 2016 as against Rs 92.70 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 19.16 crore in the year ended March 2016 as against net profit of Rs 14.78 crore during the previous year ended March 2015. Sales declined 2.84% to Rs 259.29 crore in the year ended March 2016 as against Rs 266.88 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales86.7992.70 -6 259.29266.88 -3 OPM %18.2220.33 -10.1020.63 - PBDT12.6615.63 -19 13.3942.21 -68 PBT8.6714.60 -41 -0.4629.52 PL NP-3.863.25 PL -19.1614.78 PL

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First Published: May 05 2016 | 2:24 PM IST

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