Sales decline 12.94% to Rs 931.49 crore
Net loss of JBF Industries reported to Rs 79.03 crore in the quarter ended March 2018 as against net profit of Rs 11.14 crore during the previous quarter ended March 2017. Sales declined 12.94% to Rs 931.49 crore in the quarter ended March 2018 as against Rs 1069.92 crore during the previous quarter ended March 2017.For the full year,net loss reported to Rs 122.78 crore in the year ended March 2018 as against net profit of Rs 35.63 crore during the previous year ended March 2017. Sales declined 10.52% to Rs 3501.47 crore in the year ended March 2018 as against Rs 3913.32 crore during the previous year ended March 2017.
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