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Indian Metals & Ferro Alloys reports standalone net loss of Rs 49.95 crore in the March 2016 quarter

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Capital Market

Sales decline 48.81% to Rs 196.88 crore

Net loss of Indian Metals & Ferro Alloys reported to Rs 49.95 crore in the quarter ended March 2016 as against net profit of Rs 13.15 crore during the previous quarter ended March 2015. Sales declined 48.81% to Rs 196.88 crore in the quarter ended March 2016 as against Rs 384.63 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 54.76 crore in the year ended March 2016 as against net profit of Rs 11.98 crore during the previous year ended March 2015. Sales declined 9.15% to Rs 1164.22 crore in the year ended March 2016 as against Rs 1281.54 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales196.88384.63 -49 1164.221281.54 -9 OPM %-15.6121.24 -9.7418.81 - PBDT-48.2666.41 PL 46.52160.50 -71 PBT-79.2034.24 PL -67.6738.56 PL NP-49.9513.15 PL -54.7611.98 PL

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First Published: May 17 2016 | 3:46 PM IST

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