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Monnet Ispat & Energy reports standalone net loss of Rs 408.95 crore in the September 2016 quarter

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Capital Market

Sales decline 46.00% to Rs 271.05 crore

Net Loss of Monnet Ispat & Energy reported to Rs 408.95 crore in the quarter ended September 2016 as against net loss of Rs 394.71 crore during the previous quarter ended September 2015. Sales declined 46.00% to Rs 271.05 crore in the quarter ended September 2016 as against Rs 501.91 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales271.05501.91 -46 OPM %-14.23-18.99 -PBDT-321.60-303.06 -6 PBT-408.95-387.08 -6 NP-408.95-394.71 -4

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First Published: Dec 09 2016 | 5:21 PM IST

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