Monnet Ispat & Energy reports standalone net loss of Rs 751.06 crore in the March 2018 quarter

Sales rise 24.36% to Rs 433.10 crore

Net Loss of Monnet Ispat & Energy reported to Rs 751.06 crore in the quarter ended March 2018 as against net loss of Rs 459.52 crore during the previous quarter ended March 2017. Sales rose 24.36% to Rs 433.10 crore in the quarter ended March 2018 as against Rs 348.27 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 1900.96 crore in the year ended March 2018 as against net loss of Rs 1733.86 crore during the previous year ended March 2017. Sales rose 11.28% to Rs 1375.10 crore in the year ended March 2018 as against Rs 1235.75 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales433.10348.27 24 1375.101235.75 11 OPM %6.651.22 -4.41-6.93 - PBDT-276.23-284.12 3 -1108.82-1162.54 5 PBT-358.15-374.93 4 -1460.43-1518.90 4 NP-751.06-459.52 -63 -1900.96-1733.86 -10

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