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Panyam Cements & Mineral Industries reports standalone net loss of Rs 7.74 crore in the December 2017 quarter

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Capital Market

Sales decline 44.54% to Rs 34.76 crore

Net loss of Panyam Cements & Mineral Industries reported to Rs 7.74 crore in the quarter ended December 2017 as against net profit of Rs 4.52 crore during the previous quarter ended December 2016. Sales declined 44.54% to Rs 34.76 crore in the quarter ended December 2017 as against Rs 62.68 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales34.7662.68 -45 OPM %-7.3115.70 -PBDT-5.426.83 PL PBT-7.745.31 PL NP-7.744.52 PL

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First Published: Feb 13 2018 | 2:58 PM IST

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