Neogem India reports standalone net loss of Rs 0.86 crore in the March 2017 quarter

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Sales decline 74.17% to Rs 2.63 crore
Net Loss of Neogem India reported to Rs 0.86 crore in the quarter ended March 2017 as against net loss of Rs 4.57 crore during the previous quarter ended March 2016. Sales declined 74.17% to Rs 2.63 crore in the quarter ended March 2017 as against Rs 10.18 crore during the previous quarter ended March 2016.For the full year,net loss reported to Rs 0.45 crore in the year ended March 2017 as against net loss of Rs 4.85 crore during the previous year ended March 2016. Sales declined 35.45% to Rs 15.15 crore in the year ended March 2017 as against Rs 23.47 crore during the previous year ended March 2016.
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First Published: Jun 01 2017 | 5:14 PM IST