Veejay Lakshmi Engineering Works reports standalone net loss of Rs 2.44 crore in the March 2016 quarter

Sales decline 47.51% to Rs 16.46 crore

Net loss of Veejay Lakshmi Engineering Works reported to Rs 2.44 crore in the quarter ended March 2016 as against net profit of Rs 0.25 crore during the previous quarter ended March 2015. Sales declined 47.51% to Rs 16.46 crore in the quarter ended March 2016 as against Rs 31.36 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 3.95 crore in the year ended March 2016 as against net profit of Rs 1.83 crore during the previous year ended March 2015. Sales declined 28.62% to Rs 78.12 crore in the year ended March 2016 as against Rs 109.45 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales16.4631.36 -48 78.12109.45 -29 OPM %-5.29-16.36 --1.15-2.70 - PBDT-0.46-5.73 92 -0.98-5.00 80 PBT-1.83-9.81 81 -5.65-14.92 62 NP-2.440.25 PL -3.951.83 PL

Powered by Capital Market - Live News