Business Standard

Mercator reports consolidated net loss of Rs 85.15 crore in the March 2018 quarter

Image

Capital Market

Sales decline 56.97% to Rs 192.18 crore

Net Loss of Mercator reported to Rs 85.15 crore in the quarter ended March 2018 as against net loss of Rs 49.63 crore during the previous quarter ended March 2017. Sales declined 56.97% to Rs 192.18 crore in the quarter ended March 2018 as against Rs 446.60 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 277.55 crore in the year ended March 2018 as against net profit of Rs 28.80 crore during the previous year ended March 2017. Sales declined 53.95% to Rs 974.21 crore in the year ended March 2018 as against Rs 2115.39 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales192.18446.60 -57 974.212115.39 -54 OPM %5.15-10.41 -10.8221.46 - PBDT-14.8438.28 PL -31.27377.81 PL PBT-43.26-32.18 -34 -217.3159.17 PL NP-85.15-49.63 -72 -277.5528.80 PL

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 29 2018 | 4:20 PM IST

Explore News