Shah Alloys reports standalone net loss of Rs 8.99 crore in the March 2016 quarter

Sales rise 18.48% to Rs 73.99 crore

Net Loss of Shah Alloys reported to Rs 8.99 crore in the quarter ended March 2016 as against net loss of Rs 56.50 crore during the previous quarter ended March 2015. Sales rose 18.48% to Rs 73.99 crore in the quarter ended March 2016 as against Rs 62.45 crore during the previous quarter ended March 2015.

For the full year,net profit reported to Rs 124.38 crore in the year ended March 2016 as against net loss of Rs 135.18 crore during the previous year ended March 2015. Sales declined 0.14% to Rs 261.00 crore in the year ended March 2016 as against Rs 261.37 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales73.9962.45 18 261.00261.37 0 OPM %-1.27-3.28 --6.80-13.47 - PBDT-6.57-16.08 59 -39.82-104.58 62 PBT-11.11-22.59 51 -57.98-143.96 60 NP-8.99-56.50 84 124.38-135.18 LP

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