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IITL Projects reports standalone net loss of Rs 2.35 crore in the March 2016 quarter

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Capital Market

Sales decline 94.35% to Rs 0.28 crore

Net loss of IITL Projects reported to Rs 2.35 crore in the quarter ended March 2016 as against net profit of Rs 4.75 crore during the previous quarter ended March 2015. Sales declined 94.35% to Rs 0.28 crore in the quarter ended March 2016 as against Rs 4.96 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 8.66 crore in the year ended March 2016 as against net profit of Rs 4.54 crore during the previous year ended March 2015. Sales declined 88.12% to Rs 2.29 crore in the year ended March 2016 as against Rs 19.28 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales0.284.96 -94 2.2919.28 -88 OPM %-357.14105.24 --195.2025.31 - PBDT-2.355.18 PL -8.655.15 PL PBT-2.355.17 PL -8.675.13 PL NP-2.354.75 PL -8.664.54 PL

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First Published: May 26 2016 | 1:32 PM IST

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