Facor Steels reports standalone net loss of Rs 4.26 crore in the March 2016 quarter

Sales reported at Rs 0.26 crore

Net loss of Facor Steels reported to Rs 4.26 crore in the quarter ended March 2016 as against net profit of Rs 10.61 crore during the previous quarter ended March 2015. Sales reported to Rs 0.26 crore in the quarter ended March 2016 as against Rs -0.33 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 14.26 crore in the year ended March 2016 as against net loss of Rs 12.51 crore during the previous year ended March 2015. Sales declined 94.88% to Rs 1.50 crore in the year ended March 2016 as against Rs 29.27 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales0.26-0.33 LP 1.5029.27 -95 OPM %-1007.691484.85 --424.00-65.80 - PBDT-3.21-6.13 48 -10.07-26.24 62 PBT-4.26-7.81 45 -14.26-30.93 54 NP-4.2610.61 PL -14.26-12.51 -14

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