OCL Iron & Steel reports standalone net loss of Rs 57.22 crore in the March 2015 quarter

Sales decline 52.85% to Rs 127.24 crore

Net Loss of OCL Iron & Steel reported to Rs 57.22 crore in the quarter ended March 2015 as against net loss of Rs 1.82 crore during the previous quarter ended March 2014. Sales declined 52.85% to Rs 127.24 crore in the quarter ended March 2015 as against Rs 269.87 crore during the previous quarter ended March 2014.

For the full year,net loss reported to Rs 56.20 crore in the year ended March 2015 as against net profit of Rs 2.40 crore during the previous year ended March 2014. Sales rose 65.78% to Rs 1012.78 crore in the year ended March 2015 as against Rs 610.93 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales127.24269.87 -53 1012.78610.93 66 OPM %-34.3711.73 -9.407.37 - PBDT-70.567.21 PL -17.0421.92 PL PBT-84.21-2.79 -2918 -71.833.33 PL NP-57.22-1.82 -3044 -56.202.40 PL

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