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Monnet Ispat & Energy reports standalone net loss of Rs 358.73 crore in the June 2016 quarter

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Capital Market

Sales decline 38.70% to Rs 376.86 crore

Net Loss of Monnet Ispat & Energy reported to Rs 358.73 crore in the quarter ended June 2016 as against net loss of Rs 375.35 crore during the previous quarter ended June 2015. Sales declined 38.70% to Rs 376.86 crore in the quarter ended June 2016 as against Rs 614.80 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales376.86614.80 -39 OPM %-7.51-9.92 -PBDT-262.40-279.90 6 PBT-349.33-375.35 7 NP-358.73-375.35 4

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First Published: Sep 14 2016 | 5:19 PM IST

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