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Reliance Defence & Engineering reports standalone net loss of Rs 139.92 crore in the March 2017 quarter

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Capital Market

Sales rise 140.57% to Rs 227.89 crore

Net loss of Reliance Defence & Engineering reported to Rs 139.92 crore in the quarter ended March 2017 as against net profit of Rs 102.44 crore during the previous quarter ended March 2016. Sales rose 140.57% to Rs 227.89 crore in the quarter ended March 2017 as against Rs 94.73 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 523.43 crore in the year ended March 2017 as against net loss of Rs 528.65 crore during the previous year ended March 2016. Sales rose 69.38% to Rs 518.75 crore in the year ended March 2017 as against Rs 306.26 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales227.8994.73 141 518.75306.26 69 OPM %2.20-13.18 -4.31-51.34 - PBDT-136.31-116.41 -17 -505.58-589.32 14 PBT-185.52-169.70 -9 -706.23-803.58 12 NP-139.92102.44 PL -523.43-528.65 1

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First Published: Apr 12 2017 | 4:49 PM IST

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