Goodricke Group reports standalone net loss of Rs 55.20 crore in the March 2017 quarter

Capital Market May 24, 2017 Last Updated at 16:08 IST

Sales rise 22.56% to Rs 101.11 crore

Net Loss of Goodricke Group reported to Rs 55.20 crore in the quarter ended March 2017 as against net loss of Rs 43.70 crore during the previous quarter ended March 2016. Sales rose 22.56% to Rs 101.11 crore in the quarter ended March 2017 as against Rs 82.50 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 33.13 crore in the year ended March 2017 as against net loss of Rs 12.14 crore during the previous year ended March 2016. Sales declined 7.21% to Rs 680.37 crore in the year ended March 2017 as against Rs 733.24 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales101.1182.50 23 680.37733.24 -7 OPM %-37.98-34.42 -7.272.05 - PBDT-36.47-26.20 -39 62.5823.88 162 PBT-39.43-28.72 -37 48.902.84 1622 NP-55.20-43.70 -26 33.13-12.14 LP

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