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Oscar Investments reports standalone net loss of Rs 53.29 crore in the March 2017 quarter

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Capital Market

Sales rise 64.96% to Rs 51.88 crore

Net Loss of Oscar Investments reported to Rs 53.29 crore in the quarter ended March 2017 as against net loss of Rs 47.26 crore during the previous quarter ended March 2016. Sales rose 64.96% to Rs 51.88 crore in the quarter ended March 2017 as against Rs 31.45 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 87.10 crore in the year ended March 2017 as against net loss of Rs 32.66 crore during the previous year ended March 2016. Sales rose 94.31% to Rs 281.60 crore in the year ended March 2017 as against Rs 144.92 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales51.8831.45 65 281.60144.92 94 OPM %-54.78-32.53 -69.0068.40 - PBDT-59.87-51.00 -17 87.32-26.40 LP PBT-59.94-51.10 -17 87.05-26.80 LP NP-53.29-47.26 -13 87.10-32.66 LP

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First Published: May 30 2017 | 3:28 PM IST

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