Business Standard

MIC Electronics reports consolidated net loss of Rs 7.43 crore in the March 2017 quarter

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Capital Market

Sales rise 8.47% to Rs 65.70 crore

Net Loss of MIC Electronics reported to Rs 7.43 crore in the quarter ended March 2017 as against net loss of Rs 128.28 crore during the previous quarter ended March 2016. Sales rose 8.47% to Rs 65.70 crore in the quarter ended March 2017 as against Rs 60.57 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 2.40 crore in the year ended March 2017 as against net loss of Rs 110.88 crore during the previous year ended March 2016. Sales rose 6.91% to Rs 229.42 crore in the year ended March 2017 as against Rs 214.59 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales65.7060.57 8 229.42214.59 7 OPM %18.1418.18 -13.5920.45 - PBDT6.1012.46 -51 23.8746.85 -49 PBT4.2410.71 -60 16.4439.34 -58 NP-7.43-128.28 94 2.40-110.88 LP

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First Published: May 11 2017 | 2:02 PM IST

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