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Spice Mobility reports consolidated net loss of Rs 23.62 crore in the March 2016 quarter

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Capital Market

Sales decline 20.71% to Rs 379.75 crore

Net Loss of Spice Mobility reported to Rs 23.62 crore in the quarter ended March 2016 as against net loss of Rs 70.69 crore during the previous quarter ended March 2015. Sales declined 20.71% to Rs 379.75 crore in the quarter ended March 2016 as against Rs 478.96 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 73.85 crore in the year ended March 2016 as against net loss of Rs 307.43 crore during the previous year ended March 2015. Sales rose 12.04% to Rs 1791.25 crore in the year ended March 2016 as against Rs 1598.78 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales379.75478.96 -21 1791.251598.78 12 OPM %-4.08-5.13 --2.40-3.29 - PBDT-13.13-18.25 28 -33.31-39.03 15 PBT-20.25-25.55 21 -62.67-60.47 -4 NP-23.62-70.69 67 -73.85-307.43 76

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First Published: May 18 2016 | 3:40 PM IST

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