Prakash Steelage reports standalone net loss of Rs 93.32 crore in the March 2016 quarter

Sales decline 47.45% to Rs 187.96 crore

Net Loss of Prakash Steelage reported to Rs 93.32 crore in the quarter ended March 2016 as against net loss of Rs 3.72 crore during the previous quarter ended March 2015. Sales declined 47.45% to Rs 187.96 crore in the quarter ended March 2016 as against Rs 357.68 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 81.45 crore in the year ended March 2016 as against net profit of Rs 14.06 crore during the previous year ended March 2015. Sales declined 48.16% to Rs 551.35 crore in the year ended March 2016 as against Rs 1063.47 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales187.96357.68 -47 551.351063.47 -48 OPM %-31.243.45 --6.386.31 - PBDT-61.867.42 PL -50.6343.02 PL PBT-63.114.63 PL -58.4531.66 PL NP-93.32-3.72 -2409 -81.4514.06 PL

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