Welcast Steels reports standalone net loss of Rs 1.24 crore in the March 2021 quarter

Sales decline 5.21% to Rs 24.55 crore

Net Loss of Welcast Steels reported to Rs 1.24 crore in the quarter ended March 2021 as against net loss of Rs 0.49 crore during the previous quarter ended March 2020. Sales declined 5.21% to Rs 24.55 crore in the quarter ended March 2021 as against Rs 25.90 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 1.82 crore in the year ended March 2021 as against net loss of Rs 0.26 crore during the previous year ended March 2020. Sales declined 31.97% to Rs 97.55 crore in the year ended March 2021 as against Rs 143.39 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales24.5525.90 -5 97.55143.39 -32 OPM %-4.28-0.15 --0.150.58 - PBDT-0.92-0.06 -1433 0.031.30 -98 PBT-1.21-0.42 -188 -1.40-0.04 -3400 NP-1.24-0.49 -153 -1.82-0.26 -600

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