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.
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