Uttam Galva Steels reports standalone net loss of Rs 295.39 crore in the March 2018 quarter

Sales decline 92.95% to Rs 63.01 crore

Net loss of Uttam Galva Steels reported to Rs 295.39 crore in the quarter ended March 2018 as against net profit of Rs 138.88 crore during the previous quarter ended March 2017. Sales declined 92.95% to Rs 63.01 crore in the quarter ended March 2018 as against Rs 893.93 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 881.15 crore in the year ended March 2018 as against net loss of Rs 445.34 crore during the previous year ended March 2017. Sales declined 41.40% to Rs 2548.09 crore in the year ended March 2018 as against Rs 4348.10 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales63.01893.93 -93 2548.094348.10 -41 OPM %-91.735.25 --1.774.63 - PBDT-232.0719.01 PL -623.03-343.39 -81 PBT-295.39-44.48 -564 -881.15-628.70 -40 NP-295.39138.88 PL -881.15-445.34 -98

Powered by Capital Market - Live News