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Navkar Builders reports standalone net loss of Rs 0.22 crore in the March 2016 quarter

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Capital Market

Sales decline 57.42% to Rs 10.25 crore

Net loss of Navkar Builders reported to Rs 0.22 crore in the quarter ended March 2016 as against net profit of Rs 1.42 crore during the previous quarter ended March 2015. Sales declined 57.42% to Rs 10.25 crore in the quarter ended March 2016 as against Rs 24.07 crore during the previous quarter ended March 2015.

For the full year,net profit declined 45.56% to Rs 2.27 crore in the year ended March 2016 as against Rs 4.17 crore during the previous year ended March 2015. Sales declined 21.90% to Rs 64.66 crore in the year ended March 2016 as against Rs 82.79 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales10.2524.07 -57 64.6682.79 -22 OPM %8.8818.32 -11.9914.39 - PBDT0.343.61 -91 5.378.61 -38 PBT-0.132.73 PL 3.466.53 -47 NP-0.221.42 PL 2.274.17 -46

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First Published: May 02 2016 | 11:45 AM IST

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