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McDowell Holdings reports standalone net loss of Rs 8.79 crore in the September 2016 quarter

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Capital Market

Sales decline 78.51% to Rs 0.95 crore

Net loss of McDowell Holdings reported to Rs 8.79 crore in the quarter ended September 2016 as against net profit of Rs 33.12 crore during the previous quarter ended September 2015. Sales declined 78.51% to Rs 0.95 crore in the quarter ended September 2016 as against Rs 4.42 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales0.954.42 -79 OPM %51.5890.27 -PBDT3.37-0.01 LP PBT3.37-0.01 LP NP-8.7933.12 PL

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First Published: Nov 11 2016 | 12:02 PM IST

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