Usha Martin reports consolidated net loss of Rs 130.48 crore in the March 2015 quarter

Sales decline 6.51% to Rs 1171.06 crore

Net Loss of Usha Martin reported to Rs 130.48 crore in the quarter ended March 2015 as against net loss of Rs 9.68 crore during the previous quarter ended March 2014. Sales declined 6.51% to Rs 1171.06 crore in the quarter ended March 2015 as against Rs 1252.56 crore during the previous quarter ended March 2014.

For the full year,net loss reported to Rs 253.12 crore in the year ended March 2015 as against net profit of Rs 10.70 crore during the previous year ended March 2014. Sales rose 11.96% to Rs 4561.10 crore in the year ended March 2015 as against Rs 4073.83 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales1171.061252.56 -7 4561.104073.83 12 OPM %12.1114.21 -15.7117.35 - PBDT27.2568.34 -60 231.54359.87 -36 PBT-85.13-22.76 -274 -186.8826.67 PL NP-130.48-9.68 -1248 -253.1210.70 PL

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