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Lloyds Steels Industries reports standalone net profit of Rs 1.49 crore in the March 2017 quarter

Capital Market 

Sales decline 5.63% to Rs 37.05 crore

Net profit of Lloyds Steels Industries reported to Rs 1.49 crore in the quarter ended March 2017 as against net loss of Rs 7.38 crore during the previous quarter ended March 2016. Sales declined 5.63% to Rs 37.05 crore in the quarter ended March 2017 as against Rs 39.26 crore during the previous quarter ended March 2016.

For the full year,net profit rose 251.56% to Rs 2.25 crore in the year ended March 2017 as against Rs 0.64 crore during the previous year ended March 2016. Sales declined 34.74% to Rs 76.15 crore in the year ended March 2017 as against Rs 116.68 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales37.0539.26 -6 76.15116.68 -35 OPM %1.35-26.57 --3.95-1.53 - PBDT0.79-7.01 LP 2.422.11 15 PBT0.53-7.38 LP 1.290.64 102 NP1.49-7.38 LP 2.250.64 252

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, April 21 2017. 16:27 IST
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