Assam Company India reports standalone net loss of Rs 62.79 crore in the March 2016 quarter

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Sales decline 53.84% to Rs 11.29 crore
Net Loss of Assam Company India reported to Rs 62.79 crore in the quarter ended March 2016 as against net loss of Rs 41.97 crore during the previous quarter ended March 2015. Sales declined 53.84% to Rs 11.29 crore in the quarter ended March 2016 as against Rs 24.46 crore during the previous quarter ended March 2015.For the full year,net loss reported to Rs 53.31 crore in the year ended March 2016 as against net profit of Rs 1.18 crore during the previous year ended December 2014. Sales rose 25.21% to Rs 270.17 crore in the year ended March 2016 as against Rs 215.78 crore during the previous year ended December 2014.
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First Published: May 28 2016 | 4:43 PM IST