Kirloskar Electric Company reports standalone net loss of Rs 23.89 crore in the June 2017 quarter

Capital Market 

Sales decline 36.39% to Rs 94.39 crore

Net loss of Company reported to Rs 23.89 crore in the quarter ended June 2017 as against net profit of Rs 2.27 crore during the previous quarter ended June 2016. Sales declined 36.39% to Rs 94.39 crore in the quarter ended June 2017 as against Rs 148.38 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales94.39148.38 -36 OPM %-19.092.37 -PBDT-21.135.04 PL PBT-23.892.27 PL NP-23.892.27 PL

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First Published: Mon, September 11 2017. 17:44 IST