Kesoram Industries reports standalone net loss of Rs 74.51 crore in the March 2017 quarter

Sales decline 8.52% to Rs 969.52 crore

Net loss of Kesoram Industries reported to Rs 74.51 crore in the quarter ended March 2017 as against net profit of Rs 720.33 crore during the previous quarter ended March 2016. Sales declined 8.52% to Rs 969.52 crore in the quarter ended March 2017 as against Rs 1059.82 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 124.13 crore in the year ended March 2017 as against net profit of Rs 137.12 crore during the previous year ended March 2016. Sales declined 8.41% to Rs 3744.78 crore in the year ended March 2017 as against Rs 4088.51 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales969.521059.82 -9 3744.784088.51 -8 OPM %-3.58-25.59 --0.24-6.91 - PBDT-39.56-8.40 -371 -134.18-495.92 73 PBT-64.67-35.02 -85 -243.15-618.23 61 NP-74.51720.33 PL -124.13137.12 PL

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