VIP Clothing reports standalone net loss of Rs 2.50 crore in the March 2018 quarter

Sales decline 4.69% to Rs 55.06 crore

Net loss of VIP Clothing reported to Rs 2.50 crore in the quarter ended March 2018 as against net profit of Rs 1.09 crore during the previous quarter ended March 2017. Sales declined 4.69% to Rs 55.06 crore in the quarter ended March 2018 as against Rs 57.77 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 3.07 crore in the year ended March 2018 as against net loss of Rs 7.39 crore during the previous year ended March 2017. Sales declined 3.52% to Rs 220.72 crore in the year ended March 2018 as against Rs 228.77 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales55.0657.77 -5 220.72228.77 -4 OPM %0.476.16 -4.736.04 - PBDT-1.341.50 PL 0.762.83 -73 PBT-2.160.67 PL -2.59-0.53 -389 NP-2.501.09 PL -3.07-7.39 58

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