Ankit Metal & Power reports standalone net loss of Rs 70.33 crore in the March 2017 quarter

Sales decline 94.05% to Rs 13.15 crore

Net Loss of Ankit Metal & Power reported to Rs 70.33 crore in the quarter ended March 2017 as against net loss of Rs 158.08 crore during the previous quarter ended March 2016. Sales declined 94.05% to Rs 13.15 crore in the quarter ended March 2017 as against Rs 221.02 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 299.30 crore in the year ended March 2017 as against net loss of Rs 357.00 crore during the previous year ended March 2016. Sales declined 97.71% to Rs 21.97 crore in the year ended March 2017 as against Rs 960.05 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales13.15221.02 -94 21.97960.05 -98 OPM %-407.98-50.61 --1111.42-16.91 - PBDT-60.31-148.97 60 -258.77-295.88 13 PBT-70.33-158.08 56 -299.30-357.00 16 NP-70.33-158.08 56 -299.30-357.00 16

Powered by Capital Market - Live News