Infibeam Incorporation reports standalone net loss of Rs 37.89 crore in the March 2017 quarter

Capital Market June 2, 2017 Last Updated at 16:31 IST

Sales rise 3.66% to Rs 11.89 crore

Net loss of Infibeam Incorporation reported to Rs 37.89 crore in the quarter ended March 2017 as against net profit of Rs 6.44 crore during the previous quarter ended March 2016. Sales rose 3.66% to Rs 11.89 crore in the quarter ended March 2017 as against Rs 11.47 crore during the previous quarter ended March 2016.

For the full year,net profit declined 99.57% to Rs 0.18 crore in the year ended March 2017 as against Rs 41.87 crore during the previous year ended March 2016. Sales rose 23.14% to Rs 52.68 crore in the year ended March 2017 as against Rs 42.78 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales11.8911.47 4 52.6842.78 23 OPM %33.4730.43 -37.2220.34 - PBDT5.879.70 -39 52.4526.64 97 PBT4.028.17 -51 46.1222.40 106 NP-37.896.44 PL 0.1841.87 -100

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