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Ovobel Foods reports standalone net loss of Rs 8.91 crore in the March 2016 quarter

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Capital Market

Sales rise 5.77% to Rs 24.76 crore

Net Loss of Ovobel Foods reported to Rs 8.91 crore in the quarter ended March 2016 as against net loss of Rs 2.59 crore during the previous quarter ended March 2015. Sales rose 5.77% to Rs 24.76 crore in the quarter ended March 2016 as against Rs 23.41 crore during the previous quarter ended March 2015.

For the full year,net profit declined 54.61% to Rs 4.18 crore in the year ended March 2016 as against Rs 9.21 crore during the previous year ended March 2015. Sales rose 7.41% to Rs 105.58 crore in the year ended March 2016 as against Rs 98.30 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales24.7623.41 6 105.5898.30 7 OPM %-34.214.61 --1.156.57 - PBDT-7.951.88 PL 6.7313.68 -51 PBT-8.291.62 PL 6.1713.42 -54 NP-8.91-2.59 -244 4.189.21 -55

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First Published: Jun 01 2016 | 2:23 PM IST

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