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Simplex Castings reports standalone net loss of Rs 10.58 crore in the March 2019 quarter

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Capital Market

Sales decline 42.20% to Rs 50.37 crore

Net loss of Simplex Castings reported to Rs 10.58 crore in the quarter ended March 2019 as against net profit of Rs 0.72 crore during the previous quarter ended March 2018. Sales declined 42.20% to Rs 50.37 crore in the quarter ended March 2019 as against Rs 87.15 crore during the previous quarter ended March 2018.

For the full year,net loss reported to Rs 15.82 crore in the year ended March 2019 as against net profit of Rs 3.35 crore during the previous year ended March 2018. Sales declined 17.55% to Rs 182.98 crore in the year ended March 2019 as against Rs 221.93 crore during the previous year ended March 2018.

 
ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales50.3787.15 -42 182.98221.93 -18 OPM %-24.9610.75 -0.1111.67 - PBDT-13.446.46 PL -9.7615.72 PL PBT-16.392.25 PL -24.943.27 PL NP-10.580.72 PL -15.823.35 PL

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First Published: Jun 01 2019 | 1:34 PM IST

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