Spisys reports standalone net loss of Rs 0.01 crore in the March 2017 quarter

Sales decline 29.71% to Rs 1.23 crore

Net Loss of Spisys reported to Rs 0.01 crore in the quarter ended March 2017 as against net loss of Rs 3.08 crore during the previous quarter ended March 2016. Sales declined 29.71% to Rs 1.23 crore in the quarter ended March 2017 as against Rs 1.75 crore during the previous quarter ended March 2016.

For the full year,net profit declined 56.67% to Rs 0.26 crore in the year ended March 2017 as against Rs 0.60 crore during the previous year ended March 2016. Sales declined 63.68% to Rs 8.31 crore in the year ended March 2017 as against Rs 22.88 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1.231.75 -30 8.3122.88 -64 OPM %-205.69-161.14 --25.034.20 - PBDT-2.47-2.78 11 -2.041.04 PL PBT-2.54-2.85 11 -2.270.83 PL NP-0.01-3.08 100 0.260.60 -57

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