OCL Iron & Steel reports standalone net loss of Rs 24.63 crore in the March 2017 quarter

Sales decline 22.49% to Rs 60.77 crore

Net Loss of OCL Iron & Steel reported to Rs 24.63 crore in the quarter ended March 2017 as against net loss of Rs 38.47 crore during the previous quarter ended March 2016. Sales declined 22.49% to Rs 60.77 crore in the quarter ended March 2017 as against Rs 78.40 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 209.00 crore in the year ended March 2017 as against net loss of Rs 187.98 crore during the previous year ended March 2016. Sales declined 24.00% to Rs 264.58 crore in the year ended March 2017 as against Rs 348.11 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales60.7778.40 -22 264.58348.11 -24 OPM %-9.61-9.35 --23.53-0.01 - PBDT-49.52-43.04 -15 -232.87-166.42 -40 PBT-72.96-66.25 -10 -327.92-250.45 -31 NP-24.63-38.47 36 -209.00-187.98 -11

Powered by Capital Market - Live News