Premier reports standalone net loss of Rs 32.31 crore in the March 2016 quarter

Sales decline 58.46% to Rs 15.31 crore

Net loss of Premier reported to Rs 32.31 crore in the quarter ended March 2016 as against net profit of Rs 6.56 crore during the previous quarter ended March 2015. Sales declined 58.46% to Rs 15.31 crore in the quarter ended March 2016 as against Rs 36.86 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 25.19 crore in the year ended March 2016 as against net loss of Rs 45.83 crore during the previous year ended March 2015. Sales declined 39.87% to Rs 99.96 crore in the year ended March 2016 as against Rs 166.23 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales15.3136.86 -58 99.96166.23 -40 OPM %-41.3518.80 --10.3419.89 - PBDT-21.00-7.60 -176 -67.36-28.65 -135 PBT-28.68-17.15 -67 -98.94-69.31 -43 NP-32.316.56 PL -25.19-45.83 45

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