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Dredging Corporation of India reports standalone net loss of Rs 22.52 crore in the December 2017 quarter

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Capital Market

Sales decline 21.05% to Rs 119.92 crore

Net loss of Dredging Corporation of India reported to Rs 22.52 crore in the quarter ended December 2017 as against net profit of Rs 14.04 crore during the previous quarter ended December 2016. Sales declined 21.05% to Rs 119.92 crore in the quarter ended December 2017 as against Rs 151.89 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales119.92151.89 -21 OPM %5.9926.46 -PBDT5.0437.51 -87 PBT-21.5315.21 PL NP-22.5214.04 PL

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First Published: Feb 09 2018 | 3:58 PM IST

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