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Elgi Equipments reports standalone net loss of Rs 28.86 crore in the March 2016 quarter

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Capital Market

Sales rise 21.47% to Rs 265.18 crore

Net loss of Elgi Equipments reported to Rs 28.86 crore in the quarter ended March 2016 as against net profit of Rs 12.75 crore during the previous quarter ended March 2015. Sales rose 21.47% to Rs 265.18 crore in the quarter ended March 2016 as against Rs 218.31 crore during the previous quarter ended March 2015.

For the full year,net profit declined 57.25% to Rs 23.78 crore in the year ended March 2016 as against Rs 55.62 crore during the previous year ended March 2015. Sales rose 12.11% to Rs 863.50 crore in the year ended March 2016 as against Rs 770.22 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales265.18218.31 21 863.50770.22 12 OPM %15.1811.89 -14.6011.58 - PBDT42.1626.09 62 135.1997.81 38 PBT32.5116.86 93 99.1468.67 44 NP-28.8612.75 PL 23.7855.62 -57

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First Published: May 28 2016 | 11:32 AM IST

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