Oswal Overseas reports standalone net loss of Rs 8.16 crore in the March 2018 quarter

Capital Market 

Sales decline 44.36% to Rs 28.13 crore

Net loss of Overseas reported to Rs 8.16 crore in the quarter ended March 2018 as against net profit of Rs 4.93 crore during the previous quarter ended March 2017. Sales declined 44.36% to Rs 28.13 crore in the quarter ended March 2018 as against Rs 50.56 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 19.96 crore in the year ended March 2018 as against net loss of Rs 0.36 crore during the previous year ended March 2017. Sales declined 0.52% to Rs 75.98 crore in the year ended March 2018 as against Rs 76.38 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales28.1350.56 -44 75.9876.38 -1 OPM %-27.5212.01 --21.815.60 - PBDT-7.695.49 PL -18.321.87 PL PBT-8.825.10 PL -20.62-0.36 -5628 NP-8.164.93 PL -19.96-0.36 -5444

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First Published: Thu, June 07 2018. 16:15 IST