SEL Manufacturing Company reports consolidated net loss of Rs 74.28 crore in the March 2016 quarter

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Sales decline 35.72% to Rs 588.81 crore
Net Loss of SEL Manufacturing Company reported to Rs 74.28 crore in the quarter ended March 2016 as against net loss of Rs 52.82 crore during the previous quarter ended March 2015. Sales declined 35.72% to Rs 588.81 crore in the quarter ended March 2016 as against Rs 915.97 crore during the previous quarter ended March 2015.For the full year,net loss reported to Rs 369.98 crore in the year ended March 2016 as against net loss of Rs 149.55 crore during the previous year ended March 2015. Sales declined 13.91% to Rs 2465.16 crore in the year ended March 2016 as against Rs 2863.42 crore during the previous year ended March 2015.
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First Published: May 25 2016 | 2:13 PM IST