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SBEC Sugar reports consolidated net loss of Rs 8.34 crore in the March 2017 quarter

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Capital Market

Sales decline 15.84% to Rs 166.74 crore

Net loss of SBEC Sugar reported to Rs 8.34 crore in the quarter ended March 2017 as against net profit of Rs 26.40 crore during the previous quarter ended March 2016. Sales declined 15.84% to Rs 166.74 crore in the quarter ended March 2017 as against Rs 198.12 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 25.56 crore in the year ended March 2017 as against net profit of Rs 3.73 crore during the previous year ended March 2016. Sales declined 27.42% to Rs 289.64 crore in the year ended March 2017 as against Rs 399.08 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales166.74198.12 -16 289.64399.08 -27 OPM %13.6715.07 -4.042.68 - PBDT18.7128.02 -33 -0.015.92 PL PBT17.9127.15 -34 -3.252.38 PL NP-8.3426.40 PL -25.563.73 PL

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First Published: May 30 2017 | 3:28 PM IST

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