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Covidh Technologies reports standalone net loss of Rs 0.29 crore in the March 2016 quarter

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Capital Market

Sales decline 8.76% to Rs 1.98 crore

Net loss of Covidh Technologies reported to Rs 0.29 crore in the quarter ended March 2016 as against net profit of Rs 0.06 crore during the previous quarter ended March 2015. Sales declined 8.76% to Rs 1.98 crore in the quarter ended March 2016 as against Rs 2.17 crore during the previous quarter ended March 2015.

For the full year,net profit declined 36.36% to Rs 0.07 crore in the year ended March 2016 as against Rs 0.11 crore during the previous year ended March 2015. Sales rose 134.59% to Rs 25.50 crore in the year ended March 2016 as against Rs 10.87 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales1.982.17 -9 25.5010.87 135 OPM %-29.2920.74 -0.785.43 - PBDT-0.580.45 PL 0.200.59 -66 PBT-0.400.01 PL 0.120.09 33 NP-0.290.06 PL 0.070.11 -36

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First Published: Jun 03 2016 | 2:03 PM IST

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