Metalyst Forgings reports standalone net loss of Rs 18.34 crore in the September 2015 quarter

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Sales decline 13.24% to Rs 531.09 crore
Net loss of Metalyst Forgings reported to Rs 18.34 crore in the quarter ended September 2015 as against net profit of Rs 44.34 crore during the previous quarter ended September 2014. Sales declined 13.24% to Rs 531.09 crore in the quarter ended September 2015 as against Rs 612.12 crore during the previous quarter ended September 2014.For the full year,net loss reported to Rs 53.88 crore in the year ended September 2015 as against net profit of Rs 193.08 crore during the previous year ended September 2014. Sales declined 1.08% to Rs 2270.56 crore in the year ended September 2015 as against Rs 2295.37 crore during the previous year ended September 2014.
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First Published: Nov 30 2015 | 4:56 PM IST