Scan Steels reports standalone net loss of Rs 7.26 crore in the March 2019 quarter

Sales rise 4.35% to Rs 170.47 crore

Net loss of Scan Steels reported to Rs 7.26 crore in the quarter ended March 2019 as against net profit of Rs 0.22 crore during the previous quarter ended March 2018. Sales rose 4.35% to Rs 170.47 crore in the quarter ended March 2019 as against Rs 163.37 crore during the previous quarter ended March 2018.

For the full year,net profit reported to Rs 6.65 crore in the year ended March 2019 as against net loss of Rs 1.97 crore during the previous year ended March 2018. Sales rose 38.69% to Rs 656.83 crore in the year ended March 2019 as against Rs 473.61 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales170.47163.37 4 656.83473.61 39 OPM %2.7722.67 -6.5412.17 - PBDT0.887.54 -88 29.6122.80 30 PBT-2.261.10 PL 17.095.49 211 NP-7.260.22 PL 6.65-1.97 LP

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