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Raghava Estates & Properties reports standalone net loss of Rs 0.17 crore in the March 2016 quarter

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Capital Market

Sales decline 65.65% to Rs 3.37 crore

Net loss of Raghava Estates & Properties reported to Rs 0.17 crore in the quarter ended March 2016 as against net profit of Rs 1.15 crore during the previous quarter ended March 2015. Sales declined 65.65% to Rs 3.37 crore in the quarter ended March 2016 as against Rs 9.81 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 0.01 crore in the year ended March 2016 as against net profit of Rs 1.54 crore during the previous year ended March 2015. Sales declined 52.10% to Rs 10.97 crore in the year ended March 2016 as against Rs 22.90 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales3.379.81 -66 10.9722.90 -52 OPM %-1.7812.95 -4.2810.83 - PBDT-0.141.17 PL 0.152.03 -93 PBT-0.171.15 PL 0.021.96 -99 NP-0.171.15 PL -0.011.54 PL

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First Published: Jun 01 2016 | 4:35 PM IST

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