Nirlon said its net loss for the quarter ended March 2016 has widened to Rs 113.96. It reported a net loss of Rs 71.23 million in the same quarter previous year.
Revenues for the quarter rose 22.44% to Rs 734.51 million, compared with Rs 600 million for the prior year period.
Operating margin for the quarter stood at 739.27 percent as compared to 745.27 percent for the previous year period. Operating Income for the quarter was Rs 5,430.02 million, compared with Rs 4470.71 million in the previous year period.
Earnings per share stood negative at Rs 1.27 compared with negative Rs 0.80 in the same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 16 | Mar - 15 | %Change |
| Revenues | 734.51 | 599.88 | 22.44 |
| Net Profit | (113.96) | (71.23) | - |
| Diluted EPS | (1.27) | (0.80) | - |
Shares of the company gained Rs 2.6, or 1.21%, to settle at Rs 217.50. The total volume of shares traded was 99,022 at the BSE (Thursday).
