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Saregama India reports standalone net loss of Rs 0.96 crore in the March 2016 quarter

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Capital Market

Sales decline 10.13% to Rs 53.14 crore

Net loss of Saregama India reported to Rs 0.96 crore in the quarter ended March 2016 as against net profit of Rs 8.96 crore during the previous quarter ended March 2015. Sales declined 10.13% to Rs 53.14 crore in the quarter ended March 2016 as against Rs 59.13 crore during the previous quarter ended March 2015.

For the full year,net profit declined 51.88% to Rs 7.55 crore in the year ended March 2016 as against Rs 15.69 crore during the previous year ended March 2015. Sales rose 18.18% to Rs 214.66 crore in the year ended March 2016 as against Rs 181.64 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales53.1459.13 -10 214.66181.64 18 OPM %6.3813.77 -7.039.25 - PBDT8.3111.50 -28 24.6523.36 6 PBT7.959.12 -13 19.3917.97 8 NP-0.968.96 PL 7.5515.69 -52

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First Published: May 26 2016 | 8:58 AM IST

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