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Modern Converters reports standalone net loss of Rs 0.11 crore in the March 2017 quarter

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Capital Market

Reported sales nil

Net loss of Modern Converters reported to Rs 0.11 crore in the quarter ended March 2017 as against net profit of Rs 0.13 crore during the previous quarter ended March 2016. There were no Sales reported in the quarter ended March 2017 and during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 0.08 crore in the year ended March 2017 as against net loss of Rs 0.20 crore during the previous year ended March 2016. Sales declined 50.00% to Rs 0.03 crore in the year ended March 2017 as against Rs 0.06 crore during the previous year ended March 2016.

 

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First Published: May 26 2017 | 4:14 PM IST

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