Sanghvi Movers reports standalone net loss of Rs 22.31 crore in the September 2017 quarter

Capital Market 

Sales decline 64.29% to Rs 39.69 crore

Net loss of reported to Rs 22.31 crore in the quarter ended September 2017 as against net profit of Rs 12.53 crore during the previous quarter ended September 2016. Sales declined 64.29% to Rs 39.69 crore in the quarter ended September 2017 as against Rs 111.13 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales39.69111.13 -64 OPM %27.3158.46 -PBDT-2.4251.44 PL PBT-35.6718.00 PL NP-22.3112.53 PL

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First Published: Mon, November 13 2017. 15:59 IST