Southern Magnesium & Chemicals reports standalone net loss of Rs 0.24 crore in the December 2017 quarter

Sales decline 96.15% to Rs 0.11 crore

Net loss of Southern Magnesium & Chemicals reported to Rs 0.24 crore in the quarter ended December 2017 as against net profit of Rs 1.00 crore during the previous quarter ended December 2016. Sales declined 96.15% to Rs 0.11 crore in the quarter ended December 2017 as against Rs 2.86 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales0.112.86 -96 OPM %-181.8252.10 -PBDT-0.221.49 PL PBT-0.241.49 PL NP-0.241.00 PL

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