Gujarat Foils reports standalone net loss of Rs 26.16 crore in the March 2017 quarter

Sales decline 52.33% to Rs 53.19 crore

Net Loss of Gujarat Foils reported to Rs 26.16 crore in the quarter ended March 2017 as against net loss of Rs 3.46 crore during the previous quarter ended March 2016. Sales declined 52.33% to Rs 53.19 crore in the quarter ended March 2017 as against Rs 111.57 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 42.10 crore in the year ended March 2017 as against net loss of Rs 1.56 crore during the previous year ended March 2016. Sales declined 37.24% to Rs 283.10 crore in the year ended March 2017 as against Rs 451.06 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales53.19111.57 -52 283.10451.06 -37 OPM %-37.249.57 --1.979.58 - PBDT-23.64-2.77 -753 -32.4710.73 PL PBT-24.68-5.50 -349 -40.621.03 PL NP-26.16-3.46 -656 -42.10-1.56 -2599

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