Sree Sakthi Paper Mills reports standalone net loss of Rs 12.38 crore in the March 2018 quarter

Capital Market 

Sales decline 61.36% to Rs 1.36 crore

Net Loss of reported to Rs 12.38 crore in the quarter ended March 2018 as against net loss of Rs 25.23 crore during the previous quarter ended March 2017. Sales declined 61.36% to Rs 1.36 crore in the quarter ended March 2018 as against Rs 3.52 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 7.67 crore in the year ended March 2018 as against net loss of Rs 36.84 crore during the previous year ended March 2017. Sales declined 94.18% to Rs 1.62 crore in the year ended March 2018 as against Rs 27.82 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales1.363.52 -61 1.6227.82 -94 OPM %73.53-312.22 --45.06-57.30 - PBDT9.44-11.37 LP 7.07-20.52 LP PBT8.18-31.09 LP 5.46-42.71 LP NP-12.38-25.23 51 -7.67-36.84 79

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First Published: Mon, June 18 2018. 16:45 IST