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Network reports standalone net loss of Rs 7.43 crore in the March 2017 quarter

Capital Market 

Sales rise 144.00% to Rs 1.22 crore

Net Loss of Network reported to Rs 7.43 crore in the quarter ended March 2017 as against net loss of Rs 30.30 crore during the previous quarter ended March 2016. Sales rose 144.00% to Rs 1.22 crore in the quarter ended March 2017 as against Rs 0.50 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 7.46 crore in the year ended March 2017 as against net loss of Rs 30.28 crore during the previous year ended March 2016. Sales declined 67.78% to Rs 2.79 crore in the year ended March 2017 as against Rs 8.66 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1.220.50 144 2.798.66 -68 OPM %27.05-64.00 -10.75-3.23 - PBDT0.33-0.32 LP 0.30-0.28 LP PBT0.33-0.32 LP 0.30-0.30 LP NP-7.43-30.30 75 -7.46-30.28 75

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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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