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Hindusthan National Glass & Industries reports standalone net loss of Rs 80.14 crore in the March 2017 quarter

Capital Market 

Sales decline 15.34% to Rs 488.37 crore

Net loss of Hindusthan National Glass & Industries reported to Rs 80.14 crore in the quarter ended March 2017 as against net profit of Rs 20.39 crore during the previous quarter ended March 2016. Sales declined 15.34% to Rs 488.37 crore in the quarter ended March 2017 as against Rs 576.85 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 127.13 crore in the year ended March 2017 as against net loss of Rs 182.33 crore during the previous year ended March 2016. Sales declined 5.97% to Rs 1860.60 crore in the year ended March 2017 as against Rs 1978.68 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales488.37576.85 -15 1860.601978.68 -6 OPM %5.4817.07 -9.9013.43 - PBDT-37.6535.25 PL -46.8516.98 PL PBT-80.0420.39 PL -221.72-182.33 -22 NP-80.1420.39 PL -127.13-182.33 30

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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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