Panyam Cements & Mineral Industries reports standalone net loss of Rs 3.48 crore in the June 2016 quarter

Sales decline 45.86% to Rs 37.22 crore

Net loss of Panyam Cements & Mineral Industries reported to Rs 3.48 crore in the quarter ended June 2016 as against net profit of Rs 7.93 crore during the previous quarter ended June 2015. Sales declined 45.86% to Rs 37.22 crore in the quarter ended June 2016 as against Rs 68.75 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales37.2268.75 -46 OPM %-3.9016.49 -PBDT-1.919.99 PL PBT-3.488.49 PL NP-3.487.93 PL

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