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Panchmahal Steel reports standalone net loss of Rs 0.58 crore in the March 2019 quarter

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Capital Market

Sales reported at Rs 104.94 crore

Net loss of Panchmahal Steel reported to Rs 0.58 crore in the quarter ended March 2019 as against net profit of Rs 2.83 crore during the previous quarter ended March 2018. Sales remain constant at Rs 104.94 crore in the quarter ended March 2019 and also during the previous quarter ended March 2018.

For the full year,net profit rose 365.45% to Rs 2.56 crore in the year ended March 2019 as against Rs 0.55 crore during the previous year ended March 2018. Sales rose 14.43% to Rs 453.05 crore in the year ended March 2019 as against Rs 395.91 crore during the previous year ended March 2018.

 
ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales104.94104.94 0 453.05395.91 14 OPM %2.577.79 -5.054.17 - PBDT0.875.72 -85 11.448.23 39 PBT-0.763.77 PL 3.800.39 874 NP-0.582.83 PL 2.560.55 365

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First Published: May 27 2019 | 3:12 PM IST

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