Lypsa Gems & Jewellery reports standalone net loss of Rs 0.55 crore in the March 2016 quarter

Sales decline 82.51% to Rs 19.09 crore

Net loss of Lypsa Gems & Jewellery reported to Rs 0.55 crore in the quarter ended March 2016 as against net profit of Rs 1.18 crore during the previous quarter ended March 2015. Sales declined 82.51% to Rs 19.09 crore in the quarter ended March 2016 as against Rs 109.15 crore during the previous quarter ended March 2015.

For the full year,net profit declined 66.38% to Rs 1.19 crore in the year ended March 2016 as against Rs 3.54 crore during the previous year ended March 2015. Sales declined 52.47% to Rs 207.64 crore in the year ended March 2016 as against Rs 436.84 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales19.09109.15 -83 207.64436.84 -52 OPM %-0.212.52 -2.381.94 - PBDT-0.471.91 PL 2.375.68 -58 PBT-0.581.74 PL 1.915.33 -64 NP-0.551.18 PL 1.193.54 -66

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