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Lancor Holdings reports standalone net loss of Rs 4.90 crore in the March 2017 quarter

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Capital Market

Sales rise 30.56% to Rs 25.25 crore

Net loss of Lancor Holdings reported to Rs 4.90 crore in the quarter ended March 2017 as against net profit of Rs 2.74 crore during the previous quarter ended March 2016. Sales rose 30.56% to Rs 25.25 crore in the quarter ended March 2017 as against Rs 19.34 crore during the previous quarter ended March 2016.

For the full year,net profit rose 83.45% to Rs 18.62 crore in the year ended March 2017 as against Rs 10.15 crore during the previous year ended March 2016. Sales declined 4.84% to Rs 78.61 crore in the year ended March 2017 as against Rs 82.61 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales25.2519.34 31 78.6182.61 -5 OPM %11.4129.37 -51.5335.23 - PBDT-3.431.58 PL 20.6714.30 45 PBT-3.971.00 PL 18.5711.96 55 NP-4.902.74 PL 18.6210.15 83

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First Published: May 31 2017 | 5:31 PM IST

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