Vikas Ecotech reports standalone net loss of Rs 0.83 crore in the March 2017 quarter

Sales rise 7.90% to Rs 103.36 crore
Net loss of Vikas Ecotech reported to Rs 0.83 crore in the quarter ended March 2017 as against net profit of Rs 10.27 crore during the previous quarter ended March 2016. Sales rose 7.90% to Rs 103.36 crore in the quarter ended March 2017 as against Rs 95.79 crore during the previous quarter ended March 2016.For the full year,net profit declined 9.24% to Rs 23.17 crore in the year ended March 2017 as against Rs 25.53 crore during the previous year ended March 2016. Sales rose 20.91% to Rs 371.36 crore in the year ended March 2017 as against Rs 307.15 crore during the previous year ended March 2016.
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales103.3695.79 8 371.36307.15 21 OPM %20.1421.48 -18.5017.03 - PBDT16.3318.27 -11 56.2542.46 32 PBT15.2117.37 -12 51.9839.09 33 NP-0.8310.27 PL 23.1725.53 -9
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First Published: May 30 2017 | 3:30 PM IST
