EMCO reports standalone net loss of Rs 41.79 crore in the March 2017 quarter

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Sales decline 32.10% to Rs 205.70 crore
Net loss of EMCO reported to Rs 41.79 crore in the quarter ended March 2017 as against net profit of Rs 7.63 crore during the previous quarter ended March 2016. Sales declined 32.10% to Rs 205.70 crore in the quarter ended March 2017 as against Rs 302.96 crore during the previous quarter ended March 2016.For the full year,net loss reported to Rs 68.85 crore in the year ended March 2017 as against net loss of Rs 25.03 crore during the previous year ended March 2016. Sales rose 4.35% to Rs 841.35 crore in the year ended March 2017 as against Rs 806.25 crore during the previous year ended March 2016.
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First Published: May 29 2017 | 12:25 PM IST