Kanishk Steel Industries reports consolidated net loss of Rs 0.62 crore in the March 2016 quarter

Sales decline 31.48% to Rs 77.35 crore

Net Loss of Kanishk Steel Industries reported to Rs 0.62 crore in the quarter ended March 2016 as against net loss of Rs 1.78 crore during the previous quarter ended March 2015. Sales declined 31.48% to Rs 77.35 crore in the quarter ended March 2016 as against Rs 112.89 crore during the previous quarter ended March 2015.

For the full year,net profit reported to Rs 5.01 crore in the year ended March 2016 as against net loss of Rs 0.66 crore during the previous year ended March 2015. Sales declined 10.27% to Rs 272.61 crore in the year ended March 2016 as against Rs 303.80 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales77.35112.89 -31 272.61303.80 -10 OPM %-2.40-0.18 -0.262.15 - PBDT0.630.20 215 8.015.00 60 PBT0.11-0.12 LP 6.121.41 334 NP-0.62-1.78 65 5.01-0.66 LP

Powered by Capital Market - Live News