Visa Steel reports consolidated net loss of Rs 178.84 crore in the March 2016 quarter

Sales rise 22.81% to Rs 336.03 crore

Net Loss of Visa Steel reported to Rs 178.84 crore in the quarter ended March 2016 as against net loss of Rs 123.46 crore during the previous quarter ended March 2015. Sales rose 22.81% to Rs 336.03 crore in the quarter ended March 2016 as against Rs 273.62 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 615.53 crore in the year ended March 2016 as against net loss of Rs 272.91 crore during the previous year ended March 2015. Sales rose 2.81% to Rs 1295.39 crore in the year ended March 2016 as against Rs 1260.01 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales336.03273.62 23 1295.391260.01 3 OPM %0.79-8.34 --0.661.26 - PBDT-122.15-98.47 -24 -470.76-198.61 -137 PBT-158.45-123.12 -29 -613.95-275.34 -123 NP-178.84-123.46 -45 -615.53-272.91 -126

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