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Tara Jewels reports standalone net loss of Rs 6.60 crore in the March 2016 quarter

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Capital Market

Sales decline 9.33% to Rs 340.78 crore

Net loss of Tara Jewels reported to Rs 6.60 crore in the quarter ended March 2016 as against net profit of Rs 8.20 crore during the previous quarter ended March 2015. Sales declined 9.33% to Rs 340.78 crore in the quarter ended March 2016 as against Rs 375.86 crore during the previous quarter ended March 2015.

For the full year,net profit declined 55.68% to Rs 12.94 crore in the year ended March 2016 as against Rs 29.20 crore during the previous year ended March 2015. Sales declined 3.63% to Rs 1362.78 crore in the year ended March 2016 as against Rs 1414.16 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales340.78375.86 -9 1362.781414.16 -4 OPM %4.439.67 -7.859.38 - PBDT-4.1119.71 PL 42.7773.72 -42 PBT-9.4813.81 PL 21.4146.66 -54 NP-6.608.20 PL 12.9429.20 -56

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First Published: May 23 2016 | 7:45 PM IST

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