Sathavahana Ispat reports standalone net loss of Rs 46.51 crore in the March 2017 quarter

Sales decline 11.58% to Rs 302.44 crore

Net loss of Sathavahana Ispat reported to Rs 46.51 crore in the quarter ended March 2017 as against net profit of Rs 12.36 crore during the previous quarter ended March 2016. Sales declined 11.58% to Rs 302.44 crore in the quarter ended March 2017 as against Rs 342.05 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 64.77 crore in the year ended March 2017 as against net loss of Rs 34.35 crore during the previous year ended March 2016. Sales declined 7.15% to Rs 1094.98 crore in the year ended March 2017 as against Rs 1179.25 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales302.44342.05 -12 1094.981179.25 -7 OPM %-4.062.38 -8.036.90 - PBDT-33.97-14.30 -138 -16.35-13.83 -18 PBT-46.51-13.02 -257 -64.77-59.81 -8 NP-46.5112.36 PL -64.77-34.35 -89

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