RMG Alloy Steel reports standalone net loss of Rs 10.71 crore in the March 2016 quarter

Sales decline 5.27% to Rs 59.09 crore

Net loss of RMG Alloy Steel reported to Rs 10.71 crore in the quarter ended March 2016 as against net profit of Rs 17.18 crore during the previous quarter ended March 2015. Sales declined 5.27% to Rs 59.09 crore in the quarter ended March 2016 as against Rs 62.38 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 60.07 crore in the year ended March 2016 as against net loss of Rs 36.62 crore during the previous year ended March 2015. Sales declined 19.55% to Rs 267.68 crore in the year ended March 2016 as against Rs 332.71 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales59.0962.38 -5 267.68332.71 -20 OPM %-8.021.35 --4.82-2.75 - PBDT-14.54-2.49 -484 -56.65-47.44 -19 PBT-12.46-5.41 -130 -63.28-59.21 -7 NP-10.7117.18 PL -60.07-36.62 -64

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