Nirvikara Paper Mills reports consolidated net loss of Rs 3.82 crore in the March 2016 quarter

Sales rise 47.05% to Rs 41.41 crore

Net Loss of Nirvikara Paper Mills reported to Rs 3.82 crore in the quarter ended March 2016 as against net loss of Rs 2.69 crore during the previous quarter ended March 2015. Sales rose 47.05% to Rs 41.41 crore in the quarter ended March 2016 as against Rs 28.16 crore during the previous quarter ended March 2015.

For the full year,net profit reported to Rs 16.82 crore in the year ended March 2016 as against net loss of Rs 2.14 crore during the previous year ended March 2015. Sales rose 604.19% to Rs 198.30 crore in the year ended March 2016 as against Rs 28.16 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales41.4128.16 47 198.3028.16 604 OPM %-10.50-2.17 --1.72-2.17 - PBDT-5.00-1.33 -276 -9.10-1.33 -584 PBT-5.92-2.42 -145 -16.03-2.42 -562 NP-3.82-2.69 -42 16.82-2.14 LP

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