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Adhunik Metaliks reports standalone net loss of Rs 475.18 crore in the March 2017 quarter

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Capital Market

Sales decline 9.26% to Rs 153.20 crore

Net Loss of Adhunik Metaliks reported to Rs 475.18 crore in the quarter ended March 2017 as against net loss of Rs 220.39 crore during the previous quarter ended March 2016. Sales declined 9.26% to Rs 153.20 crore in the quarter ended March 2017 as against Rs 168.84 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 870.86 crore in the year ended March 2017 as against net loss of Rs 399.94 crore during the previous year ended March 2016. Sales rose 43.57% to Rs 659.44 crore in the year ended March 2017 as against Rs 459.32 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales153.20168.84 -9 659.44459.32 44 OPM %-5.43-6.83 --18.78-17.94 - PBDT-88.84-79.78 -11 -416.89-272.61 -53 PBT-117.39-113.34 -4 -541.62-374.11 -45 NP-475.18-220.39 -116 -870.86-399.94 -118

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First Published: May 29 2017 | 12:25 PM IST

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