Sales decline 40.06% to Rs 44.42 crore
Net profit of Gammon Infrastructure Projects reported to Rs 8.30 crore in the quarter ended March 2017 as against net loss of Rs 7.81 crore during the previous quarter ended March 2016. Sales declined 40.06% to Rs 44.42 crore in the quarter ended March 2017 as against Rs 74.11 crore during the previous quarter ended March 2016.For the full year,net profit declined 19.42% to Rs 18.75 crore in the year ended March 2017 as against Rs 23.27 crore during the previous year ended March 2016. Sales declined 52.92% to Rs 189.82 crore in the year ended March 2017 as against Rs 403.20 crore during the previous year ended March 2016.
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales44.4274.11 -40 189.82403.20 -53 OPM %4.68-12.86 -8.6516.22 - PBDT2.93-0.10 LP 16.9634.25 -50 PBT2.90-0.15 LP 16.8030.94 -46 NP8.30-7.81 LP 18.7523.27 -19
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