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Ushdev International reports standalone net loss of Rs 34.77 crore in the March 2017 quarter

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Capital Market

Sales decline 99.41% to Rs 10.50 crore

Net Loss of Ushdev International reported to Rs 34.77 crore in the quarter ended March 2017 as against net loss of Rs 42.52 crore during the previous quarter ended March 2016. Sales declined 99.41% to Rs 10.50 crore in the quarter ended March 2017 as against Rs 1774.88 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 229.00 crore in the year ended March 2017 as against net profit of Rs 75.11 crore during the previous year ended March 2016. Sales declined 68.54% to Rs 2580.09 crore in the year ended March 2017 as against Rs 8201.19 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales10.501774.88 -99 2580.098201.19 -69 OPM %-1844.951.04 --7.483.20 - PBDT-88.01-63.79 -38 -276.48115.17 PL PBT-89.86-65.73 -37 -284.05107.51 PL NP-34.77-42.52 18 -229.0075.11 PL

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First Published: Jun 06 2017 | 4:01 PM IST

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