Southern Ispat & Energy reports standalone net loss of Rs 0.25 crore in the March 2015 quarter

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Sales rise 146.84% to Rs 75.36 crore
Net loss of Southern Ispat & Energy reported to Rs 0.25 crore in the quarter ended March 2015 as against net profit of Rs 0.07 crore during the previous quarter ended March 2014. Sales rose 146.84% to Rs 75.36 crore in the quarter ended March 2015 as against Rs 30.53 crore during the previous quarter ended March 2014.For the full year,net profit declined 76.92% to Rs 0.03 crore in the year ended March 2015 as against Rs 0.13 crore during the previous year ended March 2014. Sales rose 52.94% to Rs 140.58 crore in the year ended March 2015 as against Rs 91.92 crore during the previous year ended March 2014.
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First Published: May 16 2015 | 9:33 AM IST