Chennai Ferrous Industries reports standalone net profit of Rs 1.94 crore in the March 2017 quarter

Sales decline 75.00% to Rs 2.50 crore

Net profit of Chennai Ferrous Industries reported to Rs 1.94 crore in the quarter ended March 2017 as against net loss of Rs 4.12 crore during the previous quarter ended March 2016. Sales declined 75.00% to Rs 2.50 crore in the quarter ended March 2017 as against Rs 10.00 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 2.52 crore in the year ended March 2017 as against net loss of Rs 18.93 crore during the previous year ended March 2016. Sales declined 88.30% to Rs 3.26 crore in the year ended March 2017 as against Rs 27.86 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2.5010.00 -75 3.2627.86 -88 OPM %84.00-40.30 --40.18-62.92 - PBDT2.13-3.99 LP -1.25-17.49 93 PBT1.94-4.12 LP -2.52-18.93 87 NP1.94-4.12 LP -2.52-18.93 87

Powered by Capital Market - Live News