AGC Networks reports standalone net loss of Rs 16.78 crore in the March 2016 quarter

Sales decline 21.73% to Rs 75.82 crore

Net loss of AGC Networks reported to Rs 16.78 crore in the quarter ended March 2016 as against net profit of Rs 39.65 crore during the previous quarter ended March 2015. Sales declined 21.73% to Rs 75.82 crore in the quarter ended March 2016 as against Rs 96.87 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 36.71 crore in the year ended March 2016 as against net loss of Rs 0.38 crore during the previous year ended March 2015. Sales declined 8.24% to Rs 311.40 crore in the year ended March 2016 as against Rs 339.36 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales75.8296.87 -22 311.40339.36 -8 OPM %-13.748.86 --5.10-4.25 - PBDT-15.513.17 PL -33.12-27.89 -19 PBT-16.781.82 PL -38.35-33.02 -16 NP-16.7839.65 PL -36.71-0.38 -9561

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