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Coastal Corporation reports consolidated net loss of Rs 0.36 crore in the March 2016 quarter

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Capital Market

Sales rise 18.01% to Rs 65.99 crore

Net Loss of Coastal Corporation reported to Rs 0.36 crore in the quarter ended March 2016 as against net loss of Rs 3.07 crore during the previous quarter ended March 2015. Sales rose 18.01% to Rs 65.99 crore in the quarter ended March 2016 as against Rs 55.92 crore during the previous quarter ended March 2015.

For the full year,net profit declined 30.35% to Rs 6.84 crore in the year ended March 2016 as against Rs 9.82 crore during the previous year ended March 2015. Sales rose 19.23% to Rs 310.21 crore in the year ended March 2016 as against Rs 260.18 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales65.9955.92 18 310.21260.18 19 OPM %1.246.01 -6.9310.72 - PBDT1.530.13 1077 13.9417.95 -22 PBT0.91-1.19 LP 11.3315.29 -26 NP-0.36-3.07 88 6.849.82 -30

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First Published: May 30 2016 | 5:42 PM IST

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