Indian Metals & Ferro Alloys reports standalone net loss of Rs 73.87 crore in the March 2019 quarter

Sales decline 2.08% to Rs 434.06 crore

Net loss of Indian Metals & Ferro Alloys reported to Rs 73.87 crore in the quarter ended March 2019 as against net profit of Rs 4.59 crore during the previous quarter ended March 2018. Sales declined 2.08% to Rs 434.06 crore in the quarter ended March 2019 as against Rs 443.27 crore during the previous quarter ended March 2018.

For the full year,net profit declined 94.08% to Rs 11.04 crore in the year ended March 2019 as against Rs 186.62 crore during the previous year ended March 2018. Sales declined 7.47% to Rs 1633.78 crore in the year ended March 2019 as against Rs 1765.60 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales434.06443.27 -2 1633.781765.60 -7 OPM %9.5012.15 -16.5324.55 - PBDT24.2641.66 -42 204.08382.80 -47 PBT-1.7215.58 PL 105.92282.00 -62 NP-73.874.59 PL 11.04186.62 -94

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