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Visa Steel reports standalone net loss of Rs 170.11 crore in the March 2016 quarter

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Capital Market

Sales rise 47.67% to Rs 276.25 crore

Net Loss of Visa Steel reported to Rs 170.11 crore in the quarter ended March 2016 as against net loss of Rs 117.04 crore during the previous quarter ended March 2015. Sales rose 47.67% to Rs 276.25 crore in the quarter ended March 2016 as against Rs 187.07 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 583.55 crore in the year ended March 2016 as against net loss of Rs 241.44 crore during the previous year ended March 2015. Sales rose 11.26% to Rs 1003.45 crore in the year ended March 2016 as against Rs 901.87 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales276.25187.07 48 1003.45901.87 11 OPM %0.33-15.99 --1.52-0.23 - PBDT-112.29-95.73 -17 -433.39-179.39 -142 PBT-142.64-117.04 -22 -556.08-236.80 -135 NP-170.11-117.04 -45 -583.55-241.44 -142

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First Published: May 28 2016 | 11:04 AM IST

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