Sales decline 73.01% to Rs 16.28 crore
Net loss of Garg Furnace reported to Rs 4.11 crore in the quarter ended March 2016 as against net profit of Rs 0.32 crore during the previous quarter ended March 2015. Sales declined 73.01% to Rs 16.28 crore in the quarter ended March 2016 as against Rs 60.31 crore during the previous quarter ended March 2015.For the full year,net loss reported to Rs 13.23 crore in the year ended March 2016 as against net profit of Rs 0.54 crore during the previous year ended March 2015. Sales declined 43.71% to Rs 90.04 crore in the year ended March 2016 as against Rs 159.95 crore during the previous year ended March 2015.
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales16.2860.31 -73 90.04159.95 -44 OPM %-22.111.14 --5.644.85 - PBDT-3.77-0.34 -1009 -11.831.45 PL PBT-4.11-0.46 -793 -13.230.30 PL NP-4.110.32 PL -13.230.54 PL
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