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Nova Iron & Steel reports standalone net loss of Rs 2.97 crore in the September 2017 quarter

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Capital Market
Last Updated : Nov 14 2017 | 5:13 PM IST

Sales decline 89.88% to Rs 1.93 crore

Net loss of Nova Iron & Steel reported to Rs 2.97 crore in the quarter ended September 2017 as against net profit of Rs 6.33 crore during the previous quarter ended September 2016. Sales declined 89.88% to Rs 1.93 crore in the quarter ended September 2017 as against Rs 19.08 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales1.9319.08 -90 OPM %-36.2743.24 -PBDT-2.716.62 PL PBT-2.976.33 PL NP-2.976.33 PL

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First Published: Nov 14 2017 | 4:45 PM IST

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