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Spectra Industries reports standalone net loss of Rs 11.09 crore in the March 2018 quarter

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Capital Market

Sales decline 72.01% to Rs 14.70 crore

Net loss of Spectra Industries reported to Rs 11.09 crore in the quarter ended March 2018 as against net profit of Rs 0.15 crore during the previous quarter ended March 2017. Sales declined 72.01% to Rs 14.70 crore in the quarter ended March 2018 as against Rs 52.52 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 12.22 crore in the year ended March 2018 as against net profit of Rs 1.26 crore during the previous year ended March 2017. Sales declined 34.64% to Rs 85.99 crore in the year ended March 2018 as against Rs 131.56 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales14.7052.52 -72 85.99131.56 -35 OPM %-49.59-1.14 --10.680.95 - PBDT-10.840.80 PL -11.472.42 PL PBT-11.000.62 PL -12.131.73 PL NP-11.090.15 PL -12.221.26 PL

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First Published: Jun 20 2018 | 3:59 PM IST

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