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Bharat Wire Ropes reports standalone net loss of Rs 13.38 crore in the March 2019 quarter

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Capital Market

Sales rise 5.50% to Rs 62.33 crore

Net loss of Bharat Wire Ropes reported to Rs 13.38 crore in the quarter ended March 2019 as against net profit of Rs 0.13 crore during the previous quarter ended March 2018. Sales rose 5.50% to Rs 62.33 crore in the quarter ended March 2019 as against Rs 59.08 crore during the previous quarter ended March 2018.

For the full year,net loss reported to Rs 44.56 crore in the year ended March 2019 as against net profit of Rs 0.25 crore during the previous year ended March 2018. Sales rose 45.93% to Rs 240.64 crore in the year ended March 2019 as against Rs 164.90 crore during the previous year ended March 2018.

 
ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales62.3359.08 6 240.64164.90 46 OPM %-4.7815.40 -7.7610.38 - PBDT-23.213.32 PL -53.0312.66 PL PBT-28.460.20 PL -74.060.31 PL NP-13.380.13 PL -44.560.25 PL

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First Published: May 27 2019 | 3:00 PM IST

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