Sales decline 23.44% to Rs 18.36 crore
Net Loss of India Gelatine & Chemicals reported to Rs 0.94 crore in the quarter ended March 2016 as against net loss of Rs 0.77 crore during the previous quarter ended March 2015. Sales declined 23.44% to Rs 18.36 crore in the quarter ended March 2016 as against Rs 23.98 crore during the previous quarter ended March 2015.For the full year,net profit declined 41.16% to Rs 3.66 crore in the year ended March 2016 as against Rs 6.22 crore during the previous year ended March 2015. Sales declined 18.84% to Rs 91.18 crore in the year ended March 2016 as against Rs 112.34 crore during the previous year ended March 2015.
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