Gravita India reports standalone net loss of Rs 1.07 crore in the December 2015 quarter

Sales decline 17.59% to Rs 68.53 crore

Net loss of Gravita India reported to Rs 1.07 crore in the quarter ended December 2015 as against net profit of Rs 0.39 crore during the previous quarter ended December 2014. Sales declined 17.59% to Rs 68.53 crore in the quarter ended December 2015 as against Rs 83.16 crore during the previous quarter ended December 2014. ParticularsQuarter EndedDec. 2015Dec. 2014% Var.Sales68.5383.16 -18 OPM %-2.061.86 -PBDT-1.86-0.36 -417 PBT-2.58-1.11 -132 NP-1.070.39 PL

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