Metalyst Forgings reports standalone net loss of Rs 230.75 crore in the March 2016 quarter

Sales decline 36.86% to Rs 351.67 crore

Net Loss of Metalyst Forgings reported to Rs 230.75 crore in the quarter ended March 2016 as against net loss of Rs 6.83 crore during the previous quarter ended March 2015. Sales declined 36.86% to Rs 351.67 crore in the quarter ended March 2016 as against Rs 556.98 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 270.20 crore in the year ended March 2016 as against net loss of Rs 53.88 crore during the previous year ended September 2015. Sales declined 63.55% to Rs 827.58 crore in the year ended March 2016 as against Rs 2270.56 crore during the previous year ended September 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Sep. 2015% Var.Sales351.67556.98 -37 827.582270.56 -64 OPM %19.6622.33 -18.7821.77 - PBDT-25.0037.11 PL -34.56134.15 PL PBT-81.21-10.39 -682 -139.58-55.54 -151 NP-230.75-6.83 -3278 -270.20-53.88 -401

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