Prakash Steelage reports standalone net profit of Rs 7.77 crore in the March 2018 quarter

Sales rise 20.41% to Rs 8.14 crore

Net profit of Prakash Steelage reported to Rs 7.77 crore in the quarter ended March 2018 as against net loss of Rs 77.63 crore during the previous quarter ended March 2017. Sales rose 20.41% to Rs 8.14 crore in the quarter ended March 2018 as against Rs 6.76 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 240.76 crore in the year ended March 2018 as against net loss of Rs 151.56 crore during the previous year ended March 2017. Sales declined 68.55% to Rs 45.64 crore in the year ended March 2018 as against Rs 145.14 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales8.146.76 20 45.64145.14 -69 OPM %-0.25-19.97 -2.45-31.63 - PBDT0.5827.59 -98 3.74-38.39 LP PBT-0.0626.83 PL 0.91-41.71 LP NP7.77-77.63 LP -240.76-151.56 -59

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