Jindal Drilling & Industries reports standalone net loss of Rs 20.90 crore in the March 2018 quarter

Sales decline 44.13% to Rs 34.07 crore

Net Loss of Jindal Drilling & Industries reported to Rs 20.90 crore in the quarter ended March 2018 as against net loss of Rs 6.36 crore during the previous quarter ended March 2017. Sales declined 44.13% to Rs 34.07 crore in the quarter ended March 2018 as against Rs 60.98 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 15.48 crore in the year ended March 2018 as against net profit of Rs 16.97 crore during the previous year ended March 2017. Sales declined 59.92% to Rs 148.94 crore in the year ended March 2018 as against Rs 371.60 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales34.0760.98 -44 148.94371.60 -60 OPM %-161.61-9.71 --40.644.38 - PBDT-28.24-6.35 -345 -18.6532.92 PL PBT-30.59-8.36 -266 -27.8323.69 PL NP-20.90-6.36 -229 -15.4816.97 PL

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