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Steel Strips Infrastructures reports standalone net profit of Rs 0.08 crore in the March 2018 quarter

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Capital Market

Sales rise 71.43% to Rs 0.48 crore

Net profit of Steel Strips Infrastructures reported to Rs 0.08 crore in the quarter ended March 2018 as against net loss of Rs 1.00 crore during the previous quarter ended March 2017. Sales rose 71.43% to Rs 0.48 crore in the quarter ended March 2018 as against Rs 0.28 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 2.10 crore in the year ended March 2018 as against net loss of Rs 0.90 crore during the previous year ended March 2017. Sales declined 46.46% to Rs 1.89 crore in the year ended March 2018 as against Rs 3.53 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales0.480.28 71 1.893.53 -46 OPM %-77.08-217.86 --91.01-7.93 - PBDT0.05-1.03 LP -2.03-0.69 -194 PBT0.07-1.06 LP -2.11-0.81 -160 NP0.08-1.00 LP -2.10-0.90 -133

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First Published: Jun 08 2018 | 11:06 AM IST

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