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IP Rings reports standalone net loss of Rs 0.84 crore in the March 2015 quarter

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Capital Market

Sales rise 22.14% to Rs 25.32 crore

Net Loss of IP Rings reported to Rs 0.84 crore in the quarter ended March 2015 as against net loss of Rs 0.10 crore during the previous quarter ended March 2014. Sales rose 22.14% to Rs 25.32 crore in the quarter ended March 2015 as against Rs 20.73 crore during the previous quarter ended March 2014.

For the full year,net loss reported to Rs 0.49 crore in the year ended March 2015 as against net loss of Rs 2.76 crore during the previous year ended March 2014. Sales rose 19.53% to Rs 101.29 crore in the year ended March 2015 as against Rs 84.74 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales25.3220.73 22 101.2984.74 20 OPM %7.9412.06 -12.6511.45 - PBDT0.570.93 -39 5.553.29 69 PBT-1.25-0.80 -56 -1.16-3.62 68 NP-0.84-0.10 -740 -0.49-2.76 82

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First Published: May 27 2015 | 3:57 PM IST

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