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Modern Steels reports standalone net loss of Rs 4.32 crore in the December 2018 quarter

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Capital Market

Sales decline 22.69% to Rs 74.60 crore

Net Loss of Modern Steels reported to Rs 4.32 crore in the quarter ended December 2018 as against net loss of Rs 10.12 crore during the previous quarter ended December 2017. Sales declined 22.69% to Rs 74.60 crore in the quarter ended December 2018 as against Rs 96.50 crore during the previous quarter ended December 2017. ParticularsQuarter EndedDec. 2018Dec. 2017% Var.Sales74.6096.50 -23 OPM %-3.27-9.08 -PBDT-3.07-8.78 65 PBT-4.32-10.12 57 NP-4.32-10.12 57

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First Published: Feb 14 2019 | 4:57 PM IST

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