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Sreechem Resins reports standalone net loss of Rs 0.08 crore in the March 2016 quarter

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Capital Market

Sales rise 16.11% to Rs 6.92 crore

Net loss of Sreechem Resins reported to Rs 0.08 crore in the quarter ended March 2016 as against net profit of Rs 0.01 crore during the previous quarter ended March 2015. Sales rose 16.11% to Rs 6.92 crore in the quarter ended March 2016 as against Rs 5.96 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 0.32 crore in the year ended March 2016 as against net profit of Rs 0.24 crore during the previous year ended March 2015. Sales declined 20.98% to Rs 24.71 crore in the year ended March 2016 as against Rs 31.27 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales6.925.96 16 24.7131.27 -21 OPM %-0.293.69 -0.693.17 - PBDT-0.050.13 PL -0.080.52 PL PBT-0.080.01 PL -0.320.28 PL NP-0.080.01 PL -0.320.24 PL

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First Published: May 14 2016 | 12:39 PM IST

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