SEL Manufacturing Company reports standalone net loss of Rs 64.40 crore in the March 2017 quarter

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Sales rise 11.75% to Rs 524.22 crore
Net Loss of SEL Manufacturing Company reported to Rs 64.40 crore in the quarter ended March 2017 as against net loss of Rs 210.97 crore during the previous quarter ended March 2016. Sales rose 11.75% to Rs 524.22 crore in the quarter ended March 2017 as against Rs 469.11 crore during the previous quarter ended March 2016.For the full year,net loss reported to Rs 557.55 crore in the year ended March 2017 as against net loss of Rs 401.95 crore during the previous year ended March 2016. Sales declined 12.17% to Rs 1710.62 crore in the year ended March 2017 as against Rs 1947.73 crore during the previous year ended March 2016.
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First Published: Jun 01 2017 | 4:53 PM IST