Shree Precoated Steels reports standalone net loss of Rs 4.06 crore in the March 2017 quarter

Sales decline 50.79% to Rs 0.62 crore

Net Loss of Shree Precoated Steels reported to Rs 4.06 crore in the quarter ended March 2017 as against net loss of Rs 3.71 crore during the previous quarter ended March 2016. Sales declined 50.79% to Rs 0.62 crore in the quarter ended March 2017 as against Rs 1.26 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 5.77 crore in the year ended March 2017 as against net loss of Rs 5.93 crore during the previous year ended March 2016. Sales declined 81.32% to Rs 2.40 crore in the year ended March 2017 as against Rs 12.85 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.621.26 -51 2.4012.85 -81 OPM %88.71-291.27 --47.08-45.60 - PBDT0.55-3.68 LP -1.15-5.90 81 PBT0.55-3.71 LP -1.16-5.93 80 NP-4.06-3.71 -9 -5.77-5.93 3

Powered by Capital Market - Live News