S.A.L Steel reports standalone net loss of Rs 15.71 crore in the March 2016 quarter

Sales decline 20.31% to Rs 74.73 crore

Net Loss of S.A.L Steel reported to Rs 15.71 crore in the quarter ended March 2016 as against net loss of Rs 62.74 crore during the previous quarter ended March 2015. Sales declined 20.31% to Rs 74.73 crore in the quarter ended March 2016 as against Rs 93.77 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 28.77 crore in the year ended March 2016 as against net loss of Rs 75.84 crore during the previous year ended March 2015. Sales declined 7.60% to Rs 337.61 crore in the year ended March 2016 as against Rs 365.39 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales74.7393.77 -20 337.61365.39 -8 OPM %6.5211.63 -7.057.32 - PBDT4.853.62 34 11.40-3.17 LP PBT2.583.42 -25 2.93-11.91 LP NP-15.71-62.74 75 -28.77-75.84 62

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