HB Estate Developers reports standalone net loss of Rs 5.73 crore in the March 2018 quarter

Capital Market 

Sales rise 31.79% to Rs 22.55 crore

Net Loss of Estate Developers reported to Rs 5.73 crore in the quarter ended March 2018 as against net loss of Rs 3.09 crore during the previous quarter ended March 2017. Sales rose 31.79% to Rs 22.55 crore in the quarter ended March 2018 as against Rs 17.11 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 16.31 crore in the year ended March 2018 as against net loss of Rs 20.04 crore during the previous year ended March 2017. Sales rose 14.13% to Rs 83.78 crore in the year ended March 2018 as against Rs 73.41 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales22.5517.11 32 83.7873.41 14 OPM %25.2310.93 -25.4222.54 - PBDT-0.31-1.19 74 -4.46-12.58 65 PBT-3.83-4.74 19 -18.82-27.00 30 NP-5.73-3.09 -85 -16.31-20.04 19

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First Published: Fri, June 01 2018. 16:13 IST