Global Offshore Services reports consolidated net loss of Rs 13.90 crore in the June 2016 quarter

Sales decline 48.92% to Rs 52.84 crore

Net loss of Global Offshore Services reported to Rs 13.90 crore in the quarter ended June 2016 as against net profit of Rs 7.53 crore during the previous quarter ended June 2015. Sales declined 48.92% to Rs 52.84 crore in the quarter ended June 2016 as against Rs 103.44 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales52.84103.44 -49 OPM %14.1940.05 -PBDT-3.4226.86 PL PBT-21.128.75 PL NP-13.907.53 PL

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