Steel Authority of India reports standalone net loss of Rs 1055.96 crore in the September 2015 quarter

Sales decline 21.21% to Rs 9113.01 crore

Net loss of Steel Authority of India reported to Rs 1055.96 crore in the quarter ended September 2015 as against net profit of Rs 649.49 crore during the previous quarter ended September 2014. Sales declined 21.21% to Rs 9113.01 crore in the quarter ended September 2015 as against Rs 11565.59 crore during the previous quarter ended September 2014. ParticularsQuarter EndedSep. 2015Sep. 2014% Var.Sales9113.0111565.59 -21 OPM %-11.5111.56 -PBDT-1385.251142.60 PL PBT-1821.02750.94 PL NP-1055.96649.49 PL

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