Jindal Steel & Power reports standalone net loss of Rs 145.83 crore in the March 2016 quarter

Sales rise 3.61% to Rs 3419.86 crore

Net Loss of Jindal Steel & Power reported to Rs 145.83 crore in the quarter ended March 2016 as against net loss of Rs 234.63 crore during the previous quarter ended March 2015. Sales rose 3.61% to Rs 3419.86 crore in the quarter ended March 2016 as against Rs 3300.60 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 1018.88 crore in the year ended March 2016 as against net loss of Rs 310.68 crore during the previous year ended March 2015. Sales declined 5.87% to Rs 12502.81 crore in the year ended March 2016 as against Rs 13282.29 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales3419.863300.60 4 12502.8113282.29 -6 OPM %19.6719.63 -19.6930.29 - PBDT26.777.93 238 -167.621953.92 PL PBT-321.54-458.84 30 -1659.72168.36 PL NP-145.83-234.63 38 -1018.88-310.68 -228

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