Lanco Infratech reports consolidated net loss of Rs 200.71 crore in the March 2016 quarter

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Sales decline 7.38% to Rs 2044.74 crore
Net Loss of Lanco Infratech reported to Rs 200.71 crore in the quarter ended March 2016 as against net loss of Rs 586.29 crore during the previous quarter ended March 2015. Sales declined 7.38% to Rs 2044.74 crore in the quarter ended March 2016 as against Rs 2207.76 crore during the previous quarter ended March 2015.For the full year,net loss reported to Rs 265.60 crore in the year ended March 2016 as against net loss of Rs 2036.74 crore during the previous year ended March 2015. Sales declined 15.04% to Rs 7913.76 crore in the year ended March 2016 as against Rs 9315.12 crore during the previous year ended March 2015.
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First Published: May 28 2016 | 11:10 AM IST