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Uttam Galva Steels reports consolidated net loss of Rs 536.04 crore in the March 2020 quarter

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Capital Market

Sales decline 57.18% to Rs 118.66 crore

Net Loss of Uttam Galva Steels reported to Rs 536.04 crore in the quarter ended March 2020 as against net loss of Rs 656.04 crore during the previous quarter ended March 2019. Sales declined 57.18% to Rs 118.66 crore in the quarter ended March 2020 as against Rs 277.12 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 1414.23 crore in the year ended March 2020 as against net loss of Rs 2145.58 crore during the previous year ended March 2019. Sales declined 31.13% to Rs 521.18 crore in the year ended March 2020 as against Rs 756.81 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales118.66277.12 -57 521.18756.81 -31 OPM %-23.98-14.68 --8.90-8.76 - PBDT-218.76-24.51 -793 -404.80-988.30 59 PBT-280.31-86.88 -223 -652.55-1241.20 47 NP-536.04-656.04 18 -1414.23-2145.58 34

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First Published: May 08 2020 | 5:28 PM IST

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