MSP Steel & Power reports standalone net loss of Rs 18.84 crore in the June 2016 quarter

Sales decline 16.84% to Rs 216.54 crore

Net Loss of MSP Steel & Power reported to Rs 18.84 crore in the quarter ended June 2016 as against net loss of Rs 27.59 crore during the previous quarter ended June 2015. Sales declined 16.84% to Rs 216.54 crore in the quarter ended June 2016 as against Rs 260.38 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales216.54260.38 -17 OPM %7.875.71 -PBDT-13.14-16.60 21 PBT-26.87-31.05 13 NP-18.84-27.59 32

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