Q4FY17 Results: Westlife Development Ltd
Amir Shaikh / 11 May 2017
Westlife Development Ltd. reported its results for the quarter ended March 31, 2017 on Thursday. The company reported net loss of Rs 4.15 crore as against net loss of Rs 1.7 crore in Q3FY17.
Westlife Development Ltd. reported its results for the quarter ended March 31, 2017 on Thursday.
The company's total sales for Q4FY17 came in at Rs 223.3 crore, which represents a 6.2 per cent sequential decline and 7.4 per cent YoY increase.
Its operating loss for the quarter amounted to Rs 8.09 crore.
The company reported net loss of Rs 4.15 crore as against net loss of Rs 1.7 crore in Q3FY17.
The stock opened at Rs 241.9 and touched an intra-day low of Rs 226 on the BSE. It was trading at Rs 230.95 intra-day on the BSE.
Westlife Development Limited is engaged in letting out property and trading in goods. The company's segments include trading and leasing. The company is engaged in trading of steel, textiles and other materials.
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