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Steel Exchange India reports standalone net loss of Rs 48.50 crore in the June 2017 quarter

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Capital Market

Sales decline 69.75% to Rs 118.24 crore

Net Loss of Steel Exchange India reported to Rs 48.50 crore in the quarter ended June 2017 as against net loss of Rs 7.37 crore during the previous quarter ended June 2016. Sales declined 69.75% to Rs 118.24 crore in the quarter ended June 2017 as against Rs 390.93 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales118.24390.93 -70 OPM %-2.177.33 -PBDT-41.450.30 PL PBT-48.50-7.37 -558 NP-48.50-7.37 -558

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First Published: Sep 12 2017 | 4:50 PM IST

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