Metalyst Forgings reports standalone net loss of Rs 278.02 crore in the March 2018 quarter

Sales decline 61.54% to Rs 84.70 crore

Net Loss of Metalyst Forgings reported to Rs 278.02 crore in the quarter ended March 2018 as against net loss of Rs 180.62 crore during the previous quarter ended March 2017. Sales declined 61.54% to Rs 84.70 crore in the quarter ended March 2018 as against Rs 220.23 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 930.18 crore in the year ended March 2018 as against net loss of Rs 645.03 crore during the previous year ended March 2017. Sales declined 66.21% to Rs 373.78 crore in the year ended March 2018 as against Rs 1106.28 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales84.70220.23 -62 373.781106.28 -66 OPM %-4.4715.22 --0.2815.62 - PBDT-14.17-76.18 81 -341.42-230.07 -48 PBT-78.01-134.17 42 -601.35-453.34 -33 NP-278.02-180.62 -54 -930.18-645.03 -44

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