Sanghvi Forging & Engineering reports standalone net loss of Rs 6.47 crore in the March 2018 quarter

Sales rise 18.03% to Rs 14.53 crore

Net Loss of Sanghvi Forging & Engineering reported to Rs 6.47 crore in the quarter ended March 2018 as against net loss of Rs 7.04 crore during the previous quarter ended March 2017. Sales rose 18.03% to Rs 14.53 crore in the quarter ended March 2018 as against Rs 12.31 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 23.10 crore in the year ended March 2018 as against net loss of Rs 22.52 crore during the previous year ended March 2017. Sales declined 1.28% to Rs 54.71 crore in the year ended March 2018 as against Rs 55.42 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales14.5312.31 18 54.7155.42 -1 OPM %2.00-3.25 -2.945.29 - PBDT-4.30-4.83 11 -14.27-13.54 -5 PBT-6.47-7.04 8 -23.10-22.52 -3 NP-6.47-7.04 8 -23.10-22.52 -3

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