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STI India reports standalone net loss of Rs 16.84 crore in the March 2016 quarter

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Capital Market

Sales decline 53.67% to Rs 8.65 crore

Net loss of STI India reported to Rs 16.84 crore in the quarter ended March 2016 as against net profit of Rs 1.25 crore during the previous quarter ended March 2015. Sales declined 53.67% to Rs 8.65 crore in the quarter ended March 2016 as against Rs 18.67 crore during the previous quarter ended March 2015.

For the full year,net profit reported to Rs 24.00 crore in the year ended March 2016 as against net loss of Rs 4.79 crore during the previous year ended March 2015. Sales declined 22.62% to Rs 46.79 crore in the year ended March 2016 as against Rs 60.47 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales8.6518.67 -54 46.7960.47 -23 OPM %-50.6412.85 --16.11-2.23 - PBDT-4.222.57 PL 41.12-0.73 LP PBT-5.221.72 PL 37.19-4.91 LP NP-16.841.25 PL 24.00-4.79 LP

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First Published: May 17 2016 | 4:20 PM IST

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