MSP Steel & Power reports standalone net loss of Rs 29.74 crore in the September 2016 quarter

Sales decline 20.82% to Rs 176.07 crore

Net Loss of MSP Steel & Power reported to Rs 29.74 crore in the quarter ended September 2016 as against net loss of Rs 52.95 crore during the previous quarter ended September 2015. Sales declined 20.82% to Rs 176.07 crore in the quarter ended September 2016 as against Rs 222.36 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales176.07222.36 -21 OPM %8.16-0.20 -PBDT-16.67-26.40 37 PBT-30.54-40.97 25 NP-29.74-52.95 44

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