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Cigniti Technologies reports consolidated net loss of Rs 441.69 crore in the March 2017 quarter

Capital Market 

Sales decline 21.25% to Rs 127.33 crore

Net loss of Cigniti Technologies reported to Rs 441.69 crore in the quarter ended March 2017 as against net profit of Rs 13.37 crore during the previous quarter ended March 2016. Sales declined 21.25% to Rs 127.33 crore in the quarter ended March 2017 as against Rs 161.68 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 438.24 crore in the year ended March 2017 as against net profit of Rs 49.68 crore during the previous year ended March 2016. Sales rose 4.11% to Rs 619.26 crore in the year ended March 2017 as against Rs 594.84 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales127.33161.68 -21 619.26594.84 4 OPM %-53.7521.17 --4.4116.46 - PBDT-68.3634.36 PL -35.9495.32 PL PBT-76.9831.38 PL -52.9084.03 PL NP-441.6913.37 PL -438.2449.68 PL

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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