Steelcast reports standalone net profit of Rs 0.53 crore in the March 2016 quarter

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Sales rise 36.91% to Rs 33.42 crore
Net profit of Steelcast reported to Rs 0.53 crore in the quarter ended March 2016 as against net loss of Rs 1.62 crore during the previous quarter ended March 2015. Sales rose 36.91% to Rs 33.42 crore in the quarter ended March 2016 as against Rs 24.41 crore during the previous quarter ended March 2015.For the full year,net profit reported to Rs 0.13 crore in the year ended March 2016 as against net loss of Rs 18.50 crore during the previous year ended March 2015. Sales rose 70.14% to Rs 133.22 crore in the year ended March 2016 as against Rs 78.30 crore during the previous year ended March 2015.
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First Published: May 31 2016 | 8:21 AM IST