Shree Precoated Steels reports standalone net loss of Rs 3.71 crore in the March 2016 quarter

Sales decline 40.28% to Rs 1.26 crore

Net loss of Shree Precoated Steels reported to Rs 3.71 crore in the quarter ended March 2016 as against net profit of Rs 6.79 crore during the previous quarter ended March 2015. Sales declined 40.28% to Rs 1.26 crore in the quarter ended March 2016 as against Rs 2.11 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 5.93 crore in the year ended March 2016 as against net profit of Rs 11.93 crore during the previous year ended March 2015. Sales declined 50.80% to Rs 12.85 crore in the year ended March 2016 as against Rs 26.12 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales1.262.11 -40 12.8526.12 -51 OPM %-291.2715.17 --45.6020.98 - PBDT-3.680.31 PL -5.905.47 PL PBT-3.710.29 PL -5.935.43 PL NP-3.716.79 PL -5.9311.93 PL

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