Prakash Steelage reports standalone net loss of Rs 42.89 crore in the June 2016 quarter

Sales decline 56.24% to Rs 91.24 crore

Net loss of Prakash Steelage reported to Rs 42.89 crore in the quarter ended June 2016 as against net profit of Rs 1.29 crore during the previous quarter ended June 2015. Sales declined 56.24% to Rs 91.24 crore in the quarter ended June 2016 as against Rs 208.50 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales91.24208.50 -56 OPM %-39.975.85 -PBDT-42.026.44 PL PBT-42.893.30 PL NP-42.891.29 PL

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