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Mafatlal Industries reports standalone net loss of Rs 7.71 crore in the March 2017 quarter

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Capital Market

Sales decline 23.51% to Rs 305.14 crore

Net loss of Mafatlal Industries reported to Rs 7.71 crore in the quarter ended March 2017 as against net profit of Rs 6.24 crore during the previous quarter ended March 2016. Sales declined 23.51% to Rs 305.14 crore in the quarter ended March 2017 as against Rs 398.95 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 2.15 crore in the year ended March 2017 as against net profit of Rs 17.12 crore during the previous year ended March 2016. Sales declined 4.10% to Rs 1241.92 crore in the year ended March 2017 as against Rs 1294.98 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales305.14398.95 -24 1241.921294.98 -4 OPM %0.443.58 -2.193.06 - PBDT-4.6112.00 PL 11.4440.03 -71 PBT-12.486.24 PL -15.6218.84 PL NP-7.716.24 PL -2.1517.12 PL

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First Published: May 06 2017 | 3:34 PM IST

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