Remi Edelstahl Tubulars reports standalone net loss of Rs 0.05 crore in the March 2018 quarter

Sales decline 25.65% to Rs 13.91 crore

Net Loss of Remi Edelstahl Tubulars reported to Rs 0.05 crore in the quarter ended March 2018 as against net loss of Rs 0.33 crore during the previous quarter ended March 2017. Sales declined 25.65% to Rs 13.91 crore in the quarter ended March 2018 as against Rs 18.71 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 1.94 crore in the year ended March 2018 as against net loss of Rs 4.35 crore during the previous year ended March 2017. Sales declined 10.00% to Rs 59.57 crore in the year ended March 2018 as against Rs 66.19 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales13.9118.71 -26 59.5766.19 -10 OPM %9.27-4.12 -4.58-4.20 - PBDT1.240.55 125 1.82-3.13 LP PBT-0.02-0.63 97 -2.96-7.84 62 NP-0.05-0.33 85 -1.94-4.35 55

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