Ankit Metal & Power reports standalone net loss of Rs 158.13 crore in the March 2016 quarter

Sales decline 21.26% to Rs 221.02 crore

Net Loss of Ankit Metal & Power reported to Rs 158.13 crore in the quarter ended March 2016 as against net loss of Rs 36.78 crore during the previous quarter ended March 2015. Sales declined 21.26% to Rs 221.02 crore in the quarter ended March 2016 as against Rs 280.70 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 357.20 crore in the year ended March 2016 as against net loss of Rs 193.28 crore during the previous year ended March 2015. Sales declined 16.12% to Rs 960.05 crore in the year ended March 2016 as against Rs 1144.50 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales221.02280.70 -21 960.051144.50 -16 OPM %-50.63-1.38 --16.94-1.47 - PBDT-149.02-19.09 -681 -296.08-119.62 -148 PBT-158.13-36.78 -330 -357.20-193.28 -85 NP-158.13-36.78 -330 -357.20-193.28 -85

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