Industrial Investment Trust reports standalone net loss of Rs 2.21 crore in the March 2017 quarter

Sales decline 75.25% to Rs 0.49 crore

Net loss of Industrial Investment Trust reported to Rs 2.21 crore in the quarter ended March 2017 as against net profit of Rs 1.45 crore during the previous quarter ended March 2016. Sales declined 75.25% to Rs 0.49 crore in the quarter ended March 2017 as against Rs 1.98 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 5.68 crore in the year ended March 2017 as against net profit of Rs 6.51 crore during the previous year ended March 2016. Sales declined 88.64% to Rs 1.93 crore in the year ended March 2017 as against Rs 16.99 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.491.98 -75 1.9316.99 -89 OPM %-506.1224.75 --340.4140.55 - PBDT-2.380.57 PL -6.376.93 PL PBT-2.400.54 PL -6.466.81 PL NP-2.211.45 PL -5.686.51 PL

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