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Axis Rail India reports standalone net loss of Rs 0.48 crore in the March 2016 quarter

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Capital Market

Sales rise 118.79% to Rs 12.34 crore

Net loss of Axis Rail India reported to Rs 0.48 crore in the quarter ended March 2016 as against net profit of Rs 0.27 crore during the previous quarter ended March 2015. Sales rose 118.79% to Rs 12.34 crore in the quarter ended March 2016 as against Rs 5.64 crore during the previous quarter ended March 2015.

For the full year,net profit declined 23.14% to Rs 1.86 crore in the year ended March 2016 as against Rs 2.42 crore during the previous year ended March 2015. Sales declined 2.83% to Rs 101.79 crore in the year ended March 2016 as against Rs 104.75 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales12.345.64 119 101.79104.75 -3 OPM %1.54-2.84 -3.213.68 - PBDT0.540.73 -26 3.725.00 -26 PBT-0.020.41 PL 2.213.74 -41 NP-0.480.27 PL 1.862.42 -23

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First Published: Jun 01 2016 | 2:55 PM IST

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