Coromandel Engineering Company reports standalone net loss of Rs 4.17 crore in the March 2018 quarter

Capital Market 

Sales rise 67.91% to Rs 10.36 crore

Net Loss of reported to Rs 4.17 crore in the quarter ended March 2018 as against net loss of Rs 2.11 crore during the previous quarter ended March 2017. Sales rose 67.91% to Rs 10.36 crore in the quarter ended March 2018 as against Rs 6.17 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 12.57 crore in the year ended March 2018 as against net loss of Rs 7.68 crore during the previous year ended March 2017. Sales rose 3.70% to Rs 32.50 crore in the year ended March 2018 as against Rs 31.34 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales10.366.17 68 32.5031.34 4 OPM %-9.27-7.94 --14.03-3.35 - PBDT-1.63-1.33 -23 -7.23-3.96 -83 PBT-2.51-2.29 -10 -10.91-7.86 -39 NP-4.17-2.11 -98 -12.57-7.68 -64

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First Published: Fri, April 27 2018. 16:26 IST