Midwest Gold reports standalone net loss of Rs 0.31 crore in the March 2016 quarter

Sales reported at Rs 1.23 crore

Net loss of Midwest Gold reported to Rs 0.31 crore in the quarter ended March 2016 as against net profit of Rs 0.36 crore during the previous quarter ended March 2015. Sales reported to Rs 1.23 crore in the quarter ended March 2016. There were no Sales reported during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 1.16 crore in the year ended March 2016 as against net profit of Rs 0.09 crore during the previous year ended March 2015. Sales rose 3291.67% to Rs 4.07 crore in the year ended March 2016 as against Rs 0.12 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales1.230 0 4.070.12 3292 OPM %-27.640 --21.13-308.33 - PBDT-0.30-0.11 -173 -0.98-0.33 -197 PBT-0.37-0.28 -32 -1.22-0.55 -122 NP-0.310.36 PL -1.160.09 PL

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