NRB Industrial Bearings reports standalone net loss of Rs 6.29 crore in the March 2018 quarter

Sales rise 20.60% to Rs 13.17 crore

Net Loss of NRB Industrial Bearings reported to Rs 6.29 crore in the quarter ended March 2018 as against net loss of Rs 4.39 crore during the previous quarter ended March 2017. Sales rose 20.60% to Rs 13.17 crore in the quarter ended March 2018 as against Rs 10.92 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 20.46 crore in the year ended March 2018 as against net loss of Rs 19.66 crore during the previous year ended March 2017. Sales rose 11.36% to Rs 44.10 crore in the year ended March 2018 as against Rs 39.60 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales13.1710.92 21 44.1039.60 11 OPM %-15.26-5.31 --10.02-12.40 - PBDT-4.14-2.17 -91 -11.54-10.74 -7 PBT-6.29-4.39 -43 -20.46-19.66 -4 NP-6.29-4.39 -43 -20.46-19.66 -4

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