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Venus Remedies reports standalone net loss of Rs 9.37 crore in the March 2018 quarter

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Capital Market

Sales rise 16.78% to Rs 93.21 crore

Net loss of Venus Remedies reported to Rs 9.37 crore in the quarter ended March 2018 as against net profit of Rs 2.59 crore during the previous quarter ended March 2017. Sales rose 16.78% to Rs 93.21 crore in the quarter ended March 2018 as against Rs 79.82 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 26.58 crore in the year ended March 2018 as against net loss of Rs 20.24 crore during the previous year ended March 2017. Sales declined 5.43% to Rs 355.07 crore in the year ended March 2018 as against Rs 375.45 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales93.2179.82 17 355.07375.45 -5 OPM %10.0817.13 -12.2712.60 - PBDT-0.065.98 PL 9.3114.52 -36 PBT-6.21-1.97 -215 -23.42-24.80 6 NP-9.372.59 PL -26.58-20.24 -31

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First Published: May 30 2018 | 4:36 PM IST

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