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Spacenet Enterprises India reports consolidated net loss of Rs 1.28 crore in the March 2017 quarter

Capital Market 

Sales rise 568.75% to Rs 1.07 crore

Net Loss of Spacenet Enterprises reported to Rs 1.28 crore in the quarter ended March 2017 as against net loss of Rs 6.79 crore during the previous quarter ended March 2016. Sales rose 568.75% to Rs 1.07 crore in the quarter ended March 2017 as against Rs 0.16 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 3.50 crore in the year ended March 2017 as against net loss of Rs 10.45 crore during the previous year ended March 2016. Sales declined 86.67% to Rs 1.45 crore in the year ended March 2017 as against Rs 10.88 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1.070.16 569 1.4510.88 -87 OPM %-109.35-4337.50 --236.55-93.57 - PBDT-1.25-6.73 81 -3.39-10.34 67 PBT-1.26-6.79 81 -3.47-10.45 67 NP-1.28-6.79 81 -3.50-10.45 67

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

First Published: Fri, June 16 2017. 15:55 IST
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