Natronix-SPEL Board considered the Unaudited Financial Results for the FY Q2 2015-16. Sales was 8.62 Crores. An increase of 56% compared to Q1 2015-16. The Company has made a Cash Loss of 1.44 Crores.
The results / sales of the current quarter have been affected due to disruption of production due to major equipment breakdown & cash flow constraints.
However, the business with Important and Emerging Customers is on the raise and outlook for Q3 2015-16 is still good due to infusion of additional WC limits & new equipment procurement.
Statement of Standalone Unaudited Financial Results for the quarter and six months ended Sep 30, 2015