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Panchmahal Steel reports standalone net profit of Rs 2.08 crore in the March 2017 quarter

Capital Market 

Sales rise 73.33% to Rs 93.41 crore

Net profit of reported to Rs 2.08 crore in the quarter ended March 2017 as against net loss of Rs 3.50 crore during the previous quarter ended March 2016. Sales rose 73.33% to Rs 93.41 crore in the quarter ended March 2017 as against Rs 53.89 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 0.29 crore in the year ended March 2017 as against net loss of Rs 12.59 crore during the previous year ended March 2016. Sales rose 13.81% to Rs 327.07 crore in the year ended March 2017 as against Rs 287.37 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales93.4153.89 73 327.07287.37 14 OPM %6.40-2.99 -5.47-0.65 - PBDT4.26-3.70 LP 8.03-10.54 LP PBT2.65-5.31 LP 0.25-18.72 LP NP2.08-3.50 LP 0.29-12.59 LP

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

First Published: Thu, May 18 2017. 15:57 IST
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