Gopal Iron & Steels Co.(Gujarat) reports standalone net loss of Rs 0.26 crore in the March 2016 quarter

Sales rise 22.54% to Rs 2.99 crore

Net Loss of Gopal Iron & Steels Co.(Gujarat) reported to Rs 0.26 crore in the quarter ended March 2016 as against net loss of Rs 1.29 crore during the previous quarter ended March 2015. Sales rose 22.54% to Rs 2.99 crore in the quarter ended March 2016 as against Rs 2.44 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 3.82 crore in the year ended March 2016 as against net loss of Rs 2.50 crore during the previous year ended March 2015. Sales declined 42.62% to Rs 7.93 crore in the year ended March 2016 as against Rs 13.82 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales2.992.44 23 7.9313.82 -43 OPM %2.68-4.51 -0.6311.79 - PBDT0.03-0.88 LP -2.49-1.16 -115 PBT-0.35-1.19 71 -3.93-2.39 -64 NP-0.26-1.29 80 -3.82-2.50 -53

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