RMG Alloy Steel reports standalone net loss of Rs 8.82 crore in the March 2018 quarter

Sales rise 76.99% to Rs 101.36 crore

Net Loss of RMG Alloy Steel reported to Rs 8.82 crore in the quarter ended March 2018 as against net loss of Rs 16.89 crore during the previous quarter ended March 2017. Sales rose 76.99% to Rs 101.36 crore in the quarter ended March 2018 as against Rs 57.27 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 54.51 crore in the year ended March 2018 as against net loss of Rs 58.42 crore during the previous year ended March 2017. Sales rose 1.04% to Rs 235.26 crore in the year ended March 2018 as against Rs 232.84 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales101.3657.27 77 235.26232.84 1 OPM %-1.45-8.10 --4.57-6.61 - PBDT-12.09-15.28 21 -52.90-54.29 3 PBT-13.82-16.89 18 -59.51-60.92 2 NP-8.82-16.89 48 -54.51-58.42 7

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