Prabhu Steel Industries reports standalone net loss of Rs 0.58 crore in the March 2018 quarter

Sales decline 43.72% to Rs 4.57 crore

Net loss of Prabhu Steel Industries reported to Rs 0.58 crore in the quarter ended March 2018 as against net profit of Rs 0.28 crore during the previous quarter ended March 2017. Sales declined 43.72% to Rs 4.57 crore in the quarter ended March 2018 as against Rs 8.12 crore during the previous quarter ended March 2017.

For the full year,net profit reported to Rs 2.21 crore in the year ended March 2018 as against net loss of Rs 0.10 crore during the previous year ended March 2017. Sales declined 34.75% to Rs 27.87 crore in the year ended March 2018 as against Rs 42.71 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales4.578.12 -44 27.8742.71 -35 OPM %2.194.43 -0.86-0.68 - PBDT-0.020.36 PL 0.290.02 1350 PBT-0.060.36 PL 0.230 0 NP-0.580.28 PL 2.21-0.10 LP

Powered by Capital Market - Live News