Smiths & Founders (India) reports standalone net loss of Rs 0.34 crore in the March 2017 quarter

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Sales decline 10.31% to Rs 1.74 crore
Net Loss of Smiths & Founders (India) reported to Rs 0.34 crore in the quarter ended March 2017 as against net loss of Rs 0.11 crore during the previous quarter ended March 2016. Sales declined 10.31% to Rs 1.74 crore in the quarter ended March 2017 as against Rs 1.94 crore during the previous quarter ended March 2016.For the full year,net loss reported to Rs 0.23 crore in the year ended March 2017 as against net loss of Rs 1.52 crore during the previous year ended March 2016. Sales declined 3.58% to Rs 7.54 crore in the year ended March 2017 as against Rs 7.82 crore during the previous year ended March 2016.
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First Published: May 30 2017 | 3:20 PM IST