Garware Marine Industries reports standalone net loss of Rs 0.12 crore in the March 2016 quarter

Sales decline 31.82% to Rs 0.30 crore

Net Loss of Garware Marine Industries reported to Rs 0.12 crore in the quarter ended March 2016 as against net loss of Rs 0.95 crore during the previous quarter ended March 2015. Sales declined 31.82% to Rs 0.30 crore in the quarter ended March 2016 as against Rs 0.44 crore during the previous quarter ended March 2015.

For the full year,no net profit/loss reported in the year ended March 2016 as against net loss of Rs 0.76 crore during the previous year ended March 2015. Sales rose 24.73% to Rs 1.16 crore in the year ended March 2016 as against Rs 0.93 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales0.300.44 -32 1.160.93 25 OPM %-56.67-186.36 --64.66-92.47 - PBDT-0.15-0.80 81 -0.60-0.61 2 PBT-0.15-0.81 81 -0.60-0.62 3 NP-0.12-0.95 87 0-0.76 100

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