Organic Coatings reports standalone net loss of Rs 0.05 crore in the June 2016 quarter

Sales decline 35.06% to Rs 6.76 crore

Net Loss of Organic Coatings reported to Rs 0.05 crore in the quarter ended June 2016 as against net loss of Rs 0.74 crore during the previous quarter ended June 2015. Sales declined 35.06% to Rs 6.76 crore in the quarter ended June 2016 as against Rs 10.41 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales6.7610.41 -35 OPM %-5.47-0.86 -PBDT-0.58-0.39 -49 PBT-0.83-0.74 -12 NP-0.05-0.74 93

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