Raideep Industries reports standalone net loss of Rs 0.02 crore in the March 2017 quarter

Sales rise 76.26% to Rs 17.82 crore

Net loss of Raideep Industries reported to Rs 0.02 crore in the quarter ended March 2017 as against net profit of Rs 0.11 crore during the previous quarter ended March 2016. Sales rose 76.26% to Rs 17.82 crore in the quarter ended March 2017 as against Rs 10.11 crore during the previous quarter ended March 2016.

For the full year,net profit rose 128.57% to Rs 0.16 crore in the year ended March 2017 as against Rs 0.07 crore during the previous year ended March 2016. Sales rose 109.51% to Rs 43.62 crore in the year ended March 2017 as against Rs 20.82 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales17.8210.11 76 43.6220.82 110 OPM %0-0.59 -0.18-0.24 - PBDT00.14 -100 0.230.11 109 PBT00.14 -100 0.220.10 120 NP-0.020.11 PL 0.160.07 129

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