Sales decline 76.23% to Rs 112.24 crore
Net loss of Mandhana Industries reported to Rs 67.73 crore in the quarter ended March 2017 as against net profit of Rs 19.38 crore during the previous quarter ended March 2016. Sales declined 76.23% to Rs 112.24 crore in the quarter ended March 2017 as against Rs 472.27 crore during the previous quarter ended March 2016.For the full year,net loss reported to Rs 728.48 crore in the year ended March 2017 as against net profit of Rs 60.34 crore during the previous year ended March 2016. Sales declined 68.62% to Rs 516.71 crore in the year ended March 2017 as against Rs 1646.61 crore during the previous year ended March 2016.
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