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Marg reports standalone net profit of Rs 98.28 crore in the March 2016 quarter

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Capital Market

Sales rise 25.34% to Rs 35.61 crore

Net profit of Marg reported to Rs 98.28 crore in the quarter ended March 2016 as against net loss of Rs 18.99 crore during the previous quarter ended March 2015. Sales rose 25.34% to Rs 35.61 crore in the quarter ended March 2016 as against Rs 28.41 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 16.98 crore in the year ended March 2016 as against net loss of Rs 172.45 crore during the previous year ended March 2015. Sales declined 21.74% to Rs 131.61 crore in the year ended March 2016 as against Rs 168.18 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales35.6128.41 25 131.61168.18 -22 OPM %-13.17-74.73 -2.74-11.39 - PBDT108.63-14.80 LP 2.93-152.37 LP PBT93.79-17.87 LP -21.67-174.45 88 NP98.28-18.99 LP -16.98-172.45 90

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First Published: Jun 03 2016 | 2:01 PM IST

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