Palred Technologies reports consolidated net loss of Rs 4.66 crore in the March 2017 quarter

Sales decline 22.13% to Rs 10.84 crore

Net Loss of Palred Technologies reported to Rs 4.66 crore in the quarter ended March 2017 as against net loss of Rs 5.31 crore during the previous quarter ended March 2016. Sales declined 22.13% to Rs 10.84 crore in the quarter ended March 2017 as against Rs 13.92 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 11.27 crore in the year ended March 2017 as against net loss of Rs 16.73 crore during the previous year ended March 2016. Sales rose 7.83% to Rs 41.17 crore in the year ended March 2017 as against Rs 38.18 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales10.8413.92 -22 41.1738.18 8 OPM %-34.04-53.66 --29.63-61.76 - PBDT-3.34-7.33 54 -10.62-20.90 49 PBT-3.56-7.54 53 -11.37-21.47 47 NP-4.66-5.31 12 -11.27-16.73 33

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