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Last Updated : May 18, 2018 03:05 PM IST | Source: Moneycontrol.com

Strides Shasun Q4 consolidated loss from continuing operations at Rs 4.4 cr

Revenue from operations fell by 1.9 percent year-on-year to Rs 664.2 crore for the quarter ended March 2018.

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Strides Shasun has reported consolidated loss from continuing operations at Rs 4.4 crore for the March quarter against profit of Rs 91.6 crore in year-ago.

Revenue from operations fell by 1.9 percent year-on-year to Rs 664.2 crore for the quarter ended March 2018.

Consolidated operating profit (EBITDA - earnings before interest, tax, depreciation and amortisation) plunged 33.2 percent to Rs 86.5 crore and margin contracted 610 basis points to 13 percent compared to same quarter last fiscal.

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Other income during the quarter fell sharply to Rs 21.8 crore compared to Rs 62.4 crore in Q4FY17.

At 14:56 hours IST, the stock price was quoting at Rs 394.75, down Rs 108.20, or 21.51 percent amid high volumes on the BSE.

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First Published on May 18, 2018 03:05 pm
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