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Crompton Greaves reports standalone net loss of Rs 1321.74 crore in the March 2016 quarter

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Capital Market

Sales decline 2.73% to Rs 1129.68 crore

Net loss of Crompton Greaves reported to Rs 1321.74 crore in the quarter ended March 2016 as against net profit of Rs 84.09 crore during the previous quarter ended March 2015. Sales declined 2.73% to Rs 1129.68 crore in the quarter ended March 2016 as against Rs 1161.41 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 1091.97 crore in the year ended March 2016 as against net profit of Rs 589.14 crore during the previous year ended March 2015. Sales declined 6.39% to Rs 3959.84 crore in the year ended March 2016 as against Rs 4230.17 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales1129.681161.41 -3 3959.844230.17 -6 OPM %6.271.34 -5.745.16 - PBDT121.2472.10 68 501.96421.52 19 PBT96.6351.18 89 394.00308.69 28 NP-1321.7484.09 PL -1091.97589.14 PL

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First Published: May 28 2016 | 10:09 AM IST

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