Gujarat Foils reports standalone net loss of Rs 3.46 crore in the March 2016 quarter

Sales decline 22.40% to Rs 111.57 crore

Net loss of Gujarat Foils reported to Rs 3.46 crore in the quarter ended March 2016 as against net profit of Rs 2.38 crore during the previous quarter ended March 2015. Sales declined 22.40% to Rs 111.57 crore in the quarter ended March 2016 as against Rs 143.77 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 1.56 crore in the year ended March 2016 as against net profit of Rs 6.72 crore during the previous year ended March 2015. Sales declined 7.30% to Rs 451.06 crore in the year ended March 2016 as against Rs 486.57 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales111.57143.77 -22 451.06486.57 -7 OPM %9.4010.77 -9.8211.80 - PBDT-2.775.98 PL 10.7323.17 -54 PBT-5.503.23 PL 1.0314.23 -93 NP-3.462.38 PL -1.566.72 PL

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