ABG Shipyard reports standalone net loss of Rs 374.86 crore in the March 2015 quarter

Sales decline 94.72% to Rs 20.52 crore

Net Loss of ABG Shipyard reported to Rs 374.86 crore in the quarter ended March 2015 as against net loss of Rs 48.78 crore during the previous quarter ended March 2014. Sales declined 94.72% to Rs 20.52 crore in the quarter ended March 2015 as against Rs 388.36 crore during the previous quarter ended March 2014.

For the full year,net loss reported to Rs 897.70 crore in the year ended March 2015 as against net loss of Rs 199.30 crore during the previous year ended March 2014. Sales declined 73.74% to Rs 385.74 crore in the year ended March 2015 as against Rs 1468.87 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales20.52388.36 -95 385.741468.87 -74 OPM %-1209.268.41 --75.5529.70 - PBDT-474.09-49.34 -861 -1086.75-132.26 -722 PBT-485.16-73.52 -560 -1185.89-224.04 -429 NP-374.86-48.78 -668 -897.70-199.30 -350

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