Goodricke Group reports standalone net loss of Rs 63.20 crore in the March 2016 quarter

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Sales decline 4.37% to Rs 81.11 crore
Net Loss of Goodricke Group reported to Rs 63.20 crore in the quarter ended March 2016 as against net loss of Rs 23.91 crore during the previous quarter ended March 2015. Sales declined 4.37% to Rs 81.11 crore in the quarter ended March 2016 as against Rs 84.82 crore during the previous quarter ended March 2015.For the full year,net loss reported to Rs 12.89 crore in the year ended March 2016 as against net profit of Rs 22.24 crore during the previous year ended December 2014. Sales rose 23.81% to Rs 742.32 crore in the year ended March 2016 as against Rs 599.57 crore during the previous year ended December 2014.
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First Published: May 23 2016 | 7:36 PM IST