Poddar Housing & Development reports consolidated net loss of Rs 1.29 crore in the March 2017 quarter

Sales decline 83.70% to Rs 9.49 crore

Net loss of Poddar Housing & Development reported to Rs 1.29 crore in the quarter ended March 2017 as against net profit of Rs 3.19 crore during the previous quarter ended March 2016. Sales declined 83.70% to Rs 9.49 crore in the quarter ended March 2017 as against Rs 58.23 crore during the previous quarter ended March 2016.

For the full year,net profit declined 80.42% to Rs 3.26 crore in the year ended March 2017 as against Rs 16.65 crore during the previous year ended March 2016. Sales declined 63.01% to Rs 49.32 crore in the year ended March 2017 as against Rs 133.33 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales9.4958.23 -84 49.32133.33 -63 OPM %-31.618.07 --5.4112.12 - PBDT-1.067.01 PL 4.7825.44 -81 PBT-1.206.77 PL 4.1824.62 -83 NP-1.293.19 PL 3.2616.65 -80

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