CG Power & Industrial Solutions reports standalone net loss of Rs 12.17 crore in the March 2017 quarter

Capital Market May 27, 2017 Last Updated at 11:02 IST

Sales rise 6.57% to Rs 1284.49 crore

Net Loss of CG Power & Industrial Solutions reported to Rs 12.17 crore in the quarter ended March 2017 as against net loss of Rs 1324.12 crore during the previous quarter ended March 2016. Sales rose 6.57% to Rs 1284.49 crore in the quarter ended March 2017 as against Rs 1205.29 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 124.46 crore in the year ended March 2017 as against net loss of Rs 1098.72 crore during the previous year ended March 2016. Sales rose 12.70% to Rs 4761.43 crore in the year ended March 2017 as against Rs 4224.84 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1284.491205.29 7 4761.434224.84 13 OPM %6.086.40 -5.855.32 - PBDT57.35129.07 -56 315.30496.92 -37 PBT35.62107.70 -67 223.56398.29 -44 NP-12.17-1324.12 99 124.46-1098.72 LP

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