AGC Networks reports consolidated net loss of Rs 13.02 crore in the March 2016 quarter

Sales decline 9.59% to Rs 218.13 crore

Net loss of AGC Networks reported to Rs 13.02 crore in the quarter ended March 2016 as against net profit of Rs 47.01 crore during the previous quarter ended March 2015. Sales declined 9.59% to Rs 218.13 crore in the quarter ended March 2016 as against Rs 241.28 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 34.59 crore in the year ended March 2016 as against net profit of Rs 14.77 crore during the previous year ended March 2015. Sales declined 1.13% to Rs 877.56 crore in the year ended March 2016 as against Rs 887.63 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales218.13241.28 -10 877.56887.63 -1 OPM %-1.297.68 -0.652.54 - PBDT-9.8113.27 PL -15.492.87 PL PBT-11.909.18 PL -23.99-15.57 -54 NP-13.0247.01 PL -34.5914.77 PL

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