Gujarat State Financial Corporation reports standalone net loss of Rs 29.18 crore in the March 2017 quarter

Capital Market 

Sales rise 34.48% to Rs 0.78 crore

Net Loss of State Financial Corporation reported to Rs 29.18 crore in the quarter ended March 2017 as against net loss of Rs 18.93 crore during the previous quarter ended March 2016. Sales rose 34.48% to Rs 0.78 crore in the quarter ended March 2017 as against Rs 0.58 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 117.18 crore in the year ended March 2017 as against net loss of Rs 104.99 crore during the previous year ended March 2016. Sales declined 72.75% to Rs 3.18 crore in the year ended March 2017 as against Rs 11.67 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.780.58 34 3.1811.67 -73 OPM %-169.23-777.59 --264.15-66.15 - PBDT-29.99-32.14 7 -122.19-118.39 -3 PBT-29.99-32.14 7 -122.19-118.39 -3 NP-29.18-18.93 -54 -117.18-104.99 -12

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Gujarat State Financial Corporation reports standalone net loss of Rs 29.18 crore in the March 2017 quarter

Sales rise 34.48% to Rs 0.78 crore

Sales rise 34.48% to Rs 0.78 crore

Net Loss of State Financial Corporation reported to Rs 29.18 crore in the quarter ended March 2017 as against net loss of Rs 18.93 crore during the previous quarter ended March 2016. Sales rose 34.48% to Rs 0.78 crore in the quarter ended March 2017 as against Rs 0.58 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 117.18 crore in the year ended March 2017 as against net loss of Rs 104.99 crore during the previous year ended March 2016. Sales declined 72.75% to Rs 3.18 crore in the year ended March 2017 as against Rs 11.67 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.780.58 34 3.1811.67 -73 OPM %-169.23-777.59 --264.15-66.15 - PBDT-29.99-32.14 7 -122.19-118.39 -3 PBT-29.99-32.14 7 -122.19-118.39 -3 NP-29.18-18.93 -54 -117.18-104.99 -12

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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