Oil Country Tubular reports standalone net loss of Rs 9.92 crore in the March 2018 quarter

Sales rise 178.97% to Rs 6.50 crore

Net Loss of Oil Country Tubular reported to Rs 9.92 crore in the quarter ended March 2018 as against net loss of Rs 59.45 crore during the previous quarter ended March 2017. Sales rose 178.97% to Rs 6.50 crore in the quarter ended March 2018 as against Rs 2.33 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 36.98 crore in the year ended March 2018 as against net loss of Rs 89.43 crore during the previous year ended March 2017. Sales rose 51.76% to Rs 11.20 crore in the year ended March 2018 as against Rs 7.38 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales6.502.33 179 11.207.38 52 OPM %-101.69-268.67 --130.36-237.94 - PBDT-11.75-10.65 -10 -33.61-30.46 -10 PBT-17.20-16.17 -6 -55.24-52.54 -5 NP-9.92-59.45 83 -36.98-89.43 59

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