Innoventive Industries reports standalone net loss of Rs 179.97 crore in the June 2017 quarter

Capital Market 

Sales decline 40.90% to Rs 41.81 crore

Net Loss of Innoventive Industries reported to Rs 179.97 crore in the quarter ended June 2017 as against net loss of Rs 71.37 crore during the previous quarter ended June 2016. Sales declined 40.90% to Rs 41.81 crore in the quarter ended June 2017 as against Rs 70.75 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales41.8170.75 -41 OPM %-17.36-40.24 -PBDT-164.40-55.68 -195 PBT-179.97-71.37 -152 NP-179.97-71.37 -152

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First Published: Thu, September 14 2017. 10:01 IST