Usha Martin reports consolidated net loss of Rs 147.89 crore in the March 2017 quarter

Sales decline 1.18% to Rs 1015.10 crore

Net Loss of Usha Martin reported to Rs 147.89 crore in the quarter ended March 2017 as against net loss of Rs 161.56 crore during the previous quarter ended March 2016. Sales declined 1.18% to Rs 1015.10 crore in the quarter ended March 2017 as against Rs 1027.19 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 357.56 crore in the year ended March 2017 as against net loss of Rs 428.35 crore during the previous year ended March 2016. Sales declined 5.60% to Rs 3881.94 crore in the year ended March 2017 as against Rs 4112.24 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1015.101027.19 -1 3881.944112.24 -6 OPM %4.814.34 -10.038.24 - PBDT-71.05-82.69 14 -52.95-175.09 70 PBT-146.43-152.52 4 -352.93-483.07 27 NP-147.89-161.56 8 -357.56-428.35 17

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