Metalyst Forgings reports standalone net loss of Rs 183.53 crore in the March 2017 quarter

Sales decline 42.76% to Rs 220.23 crore

Net Loss of Metalyst Forgings reported to Rs 183.53 crore in the quarter ended March 2017 as against net loss of Rs 232.65 crore during the previous quarter ended March 2016. Sales declined 42.76% to Rs 220.23 crore in the quarter ended March 2017 as against Rs 384.73 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 649.72 crore in the year ended March 2017 as against net loss of Rs 272.89 crore during the previous year ended March 2016. Sales rose 27.30% to Rs 1106.28 crore in the year ended March 2017 as against Rs 869.01 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales220.23384.73 -43 1106.28869.01 27 OPM %15.2215.75 -15.6216.94 - PBDT-80.39-27.19 -196 -236.86-37.63 -529 PBT-138.38-83.51 -66 -460.13-142.87 -222 NP-183.53-232.65 21 -649.72-272.89 -138

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