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Cranes Software International reports consolidated net loss of Rs 25.19 crore in the March 2017 quarter

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Capital Market

Sales decline 14.10% to Rs 82.41 crore

Net Loss of Cranes Software International reported to Rs 25.19 crore in the quarter ended March 2017 as against net loss of Rs 43.65 crore during the previous quarter ended March 2016. Sales declined 14.10% to Rs 82.41 crore in the quarter ended March 2017 as against Rs 95.94 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 86.10 crore in the year ended March 2017 as against net loss of Rs 112.06 crore during the previous year ended March 2016. Sales declined 16.13% to Rs 325.48 crore in the year ended March 2017 as against Rs 388.09 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales82.4195.94 -14 325.48388.09 -16 OPM %1.54-31.82 -1.32-7.94 - PBDT-28.50-36.00 21 -95.00-117.00 19 PBT-35.70-42.75 16 -125.42-149.10 16 NP-25.19-43.65 42 -86.10-112.06 23

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First Published: Jun 01 2017 | 4:55 PM IST

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