Usha Martin reports standalone net loss of Rs 157.61 crore in the March 2016 quarter

Sales decline 12.98% to Rs 854.57 crore

Net Loss of Usha Martin reported to Rs 157.61 crore in the quarter ended March 2016 as against net loss of Rs 139.79 crore during the previous quarter ended March 2015. Sales declined 12.98% to Rs 854.57 crore in the quarter ended March 2016 as against Rs 982.02 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 404.43 crore in the year ended March 2016 as against net loss of Rs 292.41 crore during the previous year ended March 2015. Sales declined 7.97% to Rs 3447.47 crore in the year ended March 2016 as against Rs 3746.05 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales854.57982.02 -13 3447.473746.05 -8 OPM %4.8212.14 -8.6516.22 - PBDT-91.453.90 PL -206.27138.99 PL PBT-157.61-96.56 -63 -480.05-244.01 -97 NP-157.61-139.79 -13 -404.43-292.41 -38

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