Panchmahal Steel reports standalone net loss of Rs 4.02 crore in the March 2015 quarter

Sales decline 5.00% to Rs 90.59 crore

Net loss of Panchmahal Steel reported to Rs 4.02 crore in the quarter ended March 2015 as against net profit of Rs 2.07 crore during the previous quarter ended March 2014. Sales declined 5.00% to Rs 90.59 crore in the quarter ended March 2015 as against Rs 95.36 crore during the previous quarter ended March 2014.

For the full year,net loss reported to Rs 3.53 crore in the year ended March 2015 as against net loss of Rs 1.82 crore during the previous year ended March 2014. Sales rose 20.52% to Rs 382.84 crore in the year ended March 2015 as against Rs 317.67 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales90.5995.36 -5 382.84317.67 21 OPM %-2.907.54 -2.763.35 - PBDT-5.304.97 PL 0.952.30 -59 PBT-7.643.08 PL -7.70-4.55 -69 NP-4.022.07 PL -3.53-1.82 -94

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