Gokak Textiles reports standalone net loss of Rs 3.91 crore in the March 2017 quarter

Capital Market May 27, 2017 Last Updated at 17:36 IST

Sales decline 4.73% to Rs 37.84 crore

Net Loss of Gokak Textiles reported to Rs 3.91 crore in the quarter ended March 2017 as against net loss of Rs 14.27 crore during the previous quarter ended March 2016. Sales declined 4.73% to Rs 37.84 crore in the quarter ended March 2017 as against Rs 39.72 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 33.83 crore in the year ended March 2017 as against net loss of Rs 24.34 crore during the previous year ended March 2016. Sales declined 22.77% to Rs 77.58 crore in the year ended March 2017 as against Rs 100.45 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales37.8439.72 -5 77.58100.45 -23 OPM %-24.45-25.70 --33.55-15.01 - PBDT-4.90-11.20 56 -29.81-19.97 -49 PBT-6.59-12.94 49 -36.92-23.52 -57 NP-3.91-14.27 73 -33.83-24.34 -39

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