Usha Martin reports standalone net loss of Rs 149.03 crore in the March 2017 quarter

Sales rise 1.27% to Rs 860.86 crore

Net Loss of Usha Martin reported to Rs 149.03 crore in the quarter ended March 2017 as against net loss of Rs 160.22 crore during the previous quarter ended March 2016. Sales rose 1.27% to Rs 860.86 crore in the quarter ended March 2017 as against Rs 850.09 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 354.95 crore in the year ended March 2017 as against net loss of Rs 419.49 crore during the previous year ended March 2016. Sales declined 5.40% to Rs 3246.54 crore in the year ended March 2017 as against Rs 3431.79 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales860.86850.09 1 3246.543431.79 -5 OPM %4.223.51 -10.658.48 - PBDT-81.37-95.71 15 -86.37-205.80 58 PBT-149.03-160.22 7 -354.95-478.91 26 NP-149.03-160.22 7 -354.95-419.49 15

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