Metkore Alloys & Industries reports standalone net loss of Rs 1.83 crore in the March 2017 quarter

Sales rise 1758.33% to Rs 4.46 crore

Net Loss of Metkore Alloys & Industries reported to Rs 1.83 crore in the quarter ended March 2017 as against net loss of Rs 3.28 crore during the previous quarter ended March 2016. Sales rose 1758.33% to Rs 4.46 crore in the quarter ended March 2017 as against Rs 0.24 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 21.72 crore in the year ended March 2017 as against net loss of Rs 11.63 crore during the previous year ended March 2016. Sales declined 78.01% to Rs 9.95 crore in the year ended March 2017 as against Rs 45.24 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales4.460.24 1758 9.9545.24 -78 OPM %-39.69-1191.67 --53.47-14.24 - PBDT-1.58-2.99 47 -5.35-10.10 47 PBT-1.83-3.28 44 -6.37-11.33 44 NP-1.83-3.28 44 -21.72-11.63 -87

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