Sales decline 37.02% to Rs 62.38 crore
Net profit of RMG Alloy Steel reported to Rs 17.18 crore in the quarter ended March 2015 as against net loss of Rs 14.15 crore during the previous quarter ended March 2014. Sales declined 37.02% to Rs 62.38 crore in the quarter ended March 2015 as against Rs 99.04 crore during the previous quarter ended March 2014.For the full year,net loss reported to Rs 36.62 crore in the year ended March 2015 as against net loss of Rs 34.14 crore during the previous year ended March 2014. Sales declined 20.07% to Rs 332.71 crore in the year ended March 2015 as against Rs 416.24 crore during the previous year ended March 2014.
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