Chennai Ferrous Industries reports standalone net loss of Rs 3.42 crore in the March 2018 quarter

Sales decline 69.20% to Rs 0.77 crore

Net loss of Chennai Ferrous Industries reported to Rs 3.42 crore in the quarter ended March 2018 as against net profit of Rs 1.94 crore during the previous quarter ended March 2017. Sales declined 69.20% to Rs 0.77 crore in the quarter ended March 2018 as against Rs 2.50 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 2.56 crore in the year ended March 2018 as against net loss of Rs 2.52 crore during the previous year ended March 2017. Sales rose 301.84% to Rs 13.10 crore in the year ended March 2018 as against Rs 3.26 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales0.772.50 -69 13.103.26 302 OPM %-416.8884.00 --10.53-40.18 - PBDT-3.122.13 PL -1.31-1.25 -5 PBT-3.421.94 PL -2.56-2.52 -2 NP-3.421.94 PL -2.56-2.52 -2

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