Ruchi Strips & Alloys reports standalone net loss of Rs 57.19 crore in the March 2016 quarter

Reported sales nil

Net loss of Ruchi Strips & Alloys reported to Rs 57.19 crore in the quarter ended March 2016 as against net profit of Rs 0.03 crore during the previous quarter ended March 2015. There were no Sales reported in the quarter ended March 2016 as against Rs 20.00 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 57.12 crore in the year ended March 2016 as against net profit of Rs 0.06 crore during the previous year ended March 2015. Sales declined 85.53% to Rs 32.73 crore in the year ended March 2016 as against Rs 226.27 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales020.00 -100 32.73226.27 -86 OPM %00.30 --161.290.07 - PBDT-52.910.07 PL -52.780.13 PL PBT-52.910.07 PL -52.780.13 PL NP-57.190.03 PL -57.120.06 PL

Powered by Capital Market - Live News