Sita Shree Food Products reports standalone net loss of Rs 18.31 crore in the March 2017 quarter

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Sales decline 87.76% to Rs 32.14 crore
Net Loss of Sita Shree Food Products reported to Rs 18.31 crore in the quarter ended March 2017 as against net loss of Rs 3.93 crore during the previous quarter ended March 2016. Sales declined 87.76% to Rs 32.14 crore in the quarter ended March 2017 as against Rs 262.63 crore during the previous quarter ended March 2016.For the full year,net loss reported to Rs 177.14 crore in the year ended March 2017 as against net loss of Rs 1.01 crore during the previous year ended March 2016. Sales declined 80.63% to Rs 146.64 crore in the year ended March 2017 as against Rs 757.14 crore during the previous year ended March 2016.
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First Published: Jun 01 2017 | 4:00 PM IST