Lloyds Steels Industries reports standalone net loss of Rs 0.20 crore in the March 2019 quarter

Sales decline 57.66% to Rs 26.83 crore

Net loss of Lloyds Steels Industries reported to Rs 0.20 crore in the quarter ended March 2019 as against net profit of Rs 1.00 crore during the previous quarter ended March 2018. Sales declined 57.66% to Rs 26.83 crore in the quarter ended March 2019 as against Rs 63.37 crore during the previous quarter ended March 2018.

For the full year,net profit rose 39.13% to Rs 2.88 crore in the year ended March 2019 as against Rs 2.07 crore during the previous year ended March 2018. Sales declined 19.89% to Rs 97.72 crore in the year ended March 2019 as against Rs 121.98 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales26.8363.37 -58 97.72121.98 -20 OPM %-7.19-48.82 --5.63-24.59 - PBDT0.352.16 -84 4.213.99 6 PBT0.081.91 -96 3.162.98 6 NP-0.201.00 PL 2.882.07 39

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