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Facor Alloys reports consolidated net loss of Rs 4.87 crore in the March 2024 quarter

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Sales decline 99.61% to Rs 0.42 crore

Net Loss of Facor Alloys reported to Rs 4.87 crore in the quarter ended March 2024 as against net loss of Rs 12.70 crore during the previous quarter ended March 2023. Sales declined 99.61% to Rs 0.42 crore in the quarter ended March 2024 as against Rs 106.81 crore during the previous quarter ended March 2023.

For the full year,net loss reported to Rs 19.91 crore in the year ended March 2024 as against net profit of Rs 8.44 crore during the previous year ended March 2023. Sales declined 52.09% to Rs 153.79 crore in the year ended March 2024 as against Rs 320.99 crore during the previous year ended March 2023.

 
ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales0.42106.81 -100 153.79320.99 -52 OPM %-1047.624.52 --14.660.18 - PBDT-5.387.58 PL -21.254.84 PL PBT-5.877.07 PL -23.272.90 PL NP-4.87-12.70 62 -19.918.44 PL

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First Published: May 31 2024 | 7:33 AM IST

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