Inducto Steel reports standalone net loss of Rs 2.46 crore in the March 2016 quarter

Sales decline 98.48% to Rs 0.34 crore

Net loss of Inducto Steel reported to Rs 2.46 crore in the quarter ended March 2016 as against net profit of Rs 9.70 crore during the previous quarter ended March 2015. Sales declined 98.48% to Rs 0.34 crore in the quarter ended March 2016 as against Rs 22.37 crore during the previous quarter ended March 2015.

For the full year,net profit declined 67.90% to Rs 1.04 crore in the year ended March 2016 as against Rs 3.24 crore during the previous year ended March 2015. Sales declined 25.19% to Rs 156.49 crore in the year ended March 2016 as against Rs 209.19 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales0.3422.37 -98 156.49209.19 -25 OPM %-273.5329.86 -0.61-2.45 - PBDT-3.5811.31 PL 1.704.94 -66 PBT-3.6211.24 PL 1.564.78 -67 NP-2.469.70 PL 1.043.24 -68

Powered by Capital Market - Live News