Suryajyoti Spinning Mills reports standalone net loss of Rs 63.20 crore in the March 2017 quarter

Capital Market June 1, 2017 Last Updated at 16:01 IST

Sales decline 74.07% to Rs 16.45 crore

Net Loss of Suryajyoti Spinning Mills reported to Rs 63.20 crore in the quarter ended March 2017 as against net loss of Rs 9.04 crore during the previous quarter ended March 2016. Sales declined 74.07% to Rs 16.45 crore in the quarter ended March 2017 as against Rs 63.45 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 129.06 crore in the year ended March 2017 as against net loss of Rs 21.08 crore during the previous year ended March 2016. Sales declined 65.13% to Rs 126.20 crore in the year ended March 2017 as against Rs 361.92 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales16.4563.45 -74 126.20361.92 -65 OPM %-375.14-6.05 --88.837.01 - PBDT-58.57-6.04 -870 -113.41-5.28 -2048 PBT-62.24-10.00 -522 -128.10-21.08 -508 NP-63.20-9.04 -599 -129.06-21.08 -512

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