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MVL reports standalone net loss of Rs 1.40 crore in the June 2016 quarter

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Capital Market

Sales decline 83.86% to Rs 1.02 crore

Net loss of MVL reported to Rs 1.40 crore in the quarter ended June 2016 as against net profit of Rs 0.42 crore during the previous quarter ended June 2015. Sales declined 83.86% to Rs 1.02 crore in the quarter ended June 2016 as against Rs 6.32 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales1.026.32 -84 OPM %-123.535.06 -PBDT-1.270.31 PL PBT-1.400.14 PL NP-1.400.42 PL

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First Published: Aug 23 2016 | 4:22 PM IST

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