Visa Steel reports standalone net loss of Rs 119.50 crore in the March 2015 quarter

Sales decline 28.58% to Rs 187.07 crore

Net Loss of Visa Steel reported to Rs 119.50 crore in the quarter ended March 2015 as against net loss of Rs 20.86 crore during the previous quarter ended March 2014. Sales declined 28.58% to Rs 187.07 crore in the quarter ended March 2015 as against Rs 261.94 crore during the previous quarter ended March 2014.

For the full year,net loss reported to Rs 241.44 crore in the year ended March 2015 as against net loss of Rs 152.50 crore during the previous year ended March 2014. Sales declined 8.98% to Rs 901.87 crore in the year ended March 2015 as against Rs 990.84 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales187.07261.94 -29 901.87990.84 -9 OPM %-15.995.42 --0.233.87 - PBDT-95.73-6.19 -1447 -179.39-78.69 -128 PBT-117.04-20.31 -476 -236.80-136.42 -74 NP-119.50-20.86 -473 -241.44-152.50 -58

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