Neo Infracon reports consolidated net loss of Rs 1.28 crore in the March 2018 quarter

Capital Market 

Sales decline 57.36% to Rs 1.39 crore

Net loss of reported to Rs 1.28 crore in the quarter ended March 2018 as against net profit of Rs 0.16 crore during the previous quarter ended March 2017. Sales declined 57.36% to Rs 1.39 crore in the quarter ended March 2018 as against Rs 3.26 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 2.20 crore in the year ended March 2018 as against net loss of Rs 0.01 crore during the previous year ended March 2017. Sales declined 32.38% to Rs 3.78 crore in the year ended March 2018 as against Rs 5.59 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales1.393.26 -57 3.785.59 -32 OPM %-43.1717.79 --16.4013.06 - PBDT-1.410.32 PL -1.960.36 PL PBT-1.440.28 PL -2.110.20 PL NP-1.280.16 PL -2.20-0.01 -21900

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First Published: Thu, June 07 2018. 17:43 IST