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Maxwell Industries reports standalone net loss of Rs 7.53 crore in the March 2016 quarter

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Capital Market

Sales decline 40.81% to Rs 37.80 crore

Net loss of Maxwell Industries reported to Rs 7.53 crore in the quarter ended March 2016 as against net profit of Rs 1.54 crore during the previous quarter ended March 2015. Sales declined 40.81% to Rs 37.80 crore in the quarter ended March 2016 as against Rs 63.86 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 9.93 crore in the year ended March 2016 as against net profit of Rs 6.99 crore during the previous year ended March 2015. Sales declined 25.60% to Rs 192.82 crore in the year ended March 2016 as against Rs 259.18 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales37.8063.86 -41 192.82259.18 -26 OPM %-9.8411.99 --0.2310.75 - PBDT-6.354.60 PL -4.5715.80 PL PBT-7.532.81 PL -9.4710.89 PL NP-7.531.54 PL -9.936.99 PL

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First Published: May 31 2016 | 6:21 PM IST

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