Inducto Steel reports standalone net loss of Rs 0.32 crore in the March 2018 quarter

Reported sales nil

Net Loss of Inducto Steel reported to Rs 0.32 crore in the quarter ended March 2018 as against net loss of Rs 0.54 crore during the previous quarter ended March 2017. There were no Sales reported in the quarter ended March 2018 as against Rs 16.37 crore during the previous quarter ended March 2017.

For the full year,net profit declined 59.32% to Rs 0.24 crore in the year ended March 2018 as against Rs 0.59 crore during the previous year ended March 2017. Sales declined 9.86% to Rs 20.76 crore in the year ended March 2018 as against Rs 23.03 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales016.37 -100 20.7623.03 -10 OPM %0-5.93 --4.19-8.03 - PBDT-0.39-0.79 51 0.540.99 -45 PBT-0.43-0.83 48 0.390.85 -54 NP-0.32-0.54 41 0.240.59 -59

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