ASM Technologies reports consolidated net loss of Rs 2.53 crore in the March 2017 quarter

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Sales decline 46.53% to Rs 21.11 crore
Net loss of ASM Technologies reported to Rs 2.53 crore in the quarter ended March 2017 as against net profit of Rs 0.12 crore during the previous quarter ended March 2016. Sales declined 46.53% to Rs 21.11 crore in the quarter ended March 2017 as against Rs 39.48 crore during the previous quarter ended March 2016.For the full year,net profit declined 80.86% to Rs 1.16 crore in the year ended March 2017 as against Rs 6.06 crore during the previous year ended March 2016. Sales declined 54.42% to Rs 81.20 crore in the year ended March 2017 as against Rs 178.15 crore during the previous year ended March 2016.
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First Published: May 08 2017 | 3:13 PM IST