Ferro Alloys Corporation reports standalone net loss of Rs 2.79 crore in the March 2016 quarter

Sales decline 17.93% to Rs 127.07 crore

Net loss of Ferro Alloys Corporation reported to Rs 2.79 crore in the quarter ended March 2016 as against net profit of Rs 14.19 crore during the previous quarter ended March 2015. Sales declined 17.93% to Rs 127.07 crore in the quarter ended March 2016 as against Rs 154.84 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 4.13 crore in the year ended March 2016 as against net profit of Rs 19.07 crore during the previous year ended March 2015. Sales declined 5.15% to Rs 560.29 crore in the year ended March 2016 as against Rs 590.69 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales127.07154.84 -18 560.29590.69 -5 OPM %-0.9316.20 -1.607.22 - PBDT-5.3218.89 PL -3.2229.53 PL PBT-6.5617.52 PL -7.9024.57 PL NP-2.7914.19 PL -4.1319.07 PL

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