Sales decline 33.31% to Rs 477.96 crore
Net loss of Castex Technologies reported to Rs 466.79 crore in the quarter ended March 2016 as against net profit of Rs 3.38 crore during the previous quarter ended March 2015. Sales declined 33.31% to Rs 477.96 crore in the quarter ended March 2016 as against Rs 716.70 crore during the previous quarter ended March 2015.For the full year,net loss reported to Rs 613.52 crore in the year ended March 2016 as against net loss of Rs 171.21 crore during the previous year ended September 2015. Sales declined 62.99% to Rs 988.24 crore in the year ended March 2016 as against Rs 2670.39 crore during the previous year ended September 2015.
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