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Cosmo Ferrites reports standalone net loss of Rs 0.35 crore in the March 2017 quarter

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Capital Market

Sales rise 7.16% to Rs 16.46 crore

Net loss of Cosmo Ferrites reported to Rs 0.35 crore in the quarter ended March 2017 as against net profit of Rs 0.28 crore during the previous quarter ended March 2016. Sales rose 7.16% to Rs 16.46 crore in the quarter ended March 2017 as against Rs 15.36 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 0.82 crore in the year ended March 2017. There were no net profit/loss reported during the previous year ended March 2016. Sales rose 11.15% to Rs 66.10 crore in the year ended March 2017 as against Rs 59.47 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales16.4615.36 7 66.1059.47 11 OPM %8.7513.87 -9.3010.68 - PBDT0.511.37 -63 2.783.74 -26 PBT-0.540.43 PL -1.210.05 PL NP-0.350.28 PL -0.820 0

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First Published: May 11 2017 | 1:55 PM IST

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