Tamilnadu Steel Tubes reports standalone net loss of Rs 0.38 crore in the March 2017 quarter

Capital Market 

Sales rise 5.43% to Rs 22.13 crore

Net loss of reported to Rs 0.38 crore in the quarter ended March 2017 as against net profit of Rs 1.85 crore during the previous quarter ended March 2016. Sales rose 5.43% to Rs 22.13 crore in the quarter ended March 2017 as against Rs 20.99 crore during the previous quarter ended March 2016.

For the full year,net profit declined 61.66% to Rs 0.97 crore in the year ended March 2017 as against Rs 2.53 crore during the previous year ended March 2016. Sales rose 2.70% to Rs 80.52 crore in the year ended March 2017 as against Rs 78.40 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales22.1320.99 5 80.5278.40 3 OPM %-2.308.67 -2.764.91 - PBDT-0.522.36 PL 1.803.71 -51 PBT-0.622.34 PL 1.503.45 -57 NP-0.381.85 PL 0.972.53 -62

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Tamilnadu Steel Tubes reports standalone net loss of Rs 0.38 crore in the March 2017 quarter

Sales rise 5.43% to Rs 22.13 crore

Sales rise 5.43% to Rs 22.13 crore

Net loss of reported to Rs 0.38 crore in the quarter ended March 2017 as against net profit of Rs 1.85 crore during the previous quarter ended March 2016. Sales rose 5.43% to Rs 22.13 crore in the quarter ended March 2017 as against Rs 20.99 crore during the previous quarter ended March 2016.

For the full year,net profit declined 61.66% to Rs 0.97 crore in the year ended March 2017 as against Rs 2.53 crore during the previous year ended March 2016. Sales rose 2.70% to Rs 80.52 crore in the year ended March 2017 as against Rs 78.40 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales22.1320.99 5 80.5278.40 3 OPM %-2.308.67 -2.764.91 - PBDT-0.522.36 PL 1.803.71 -51 PBT-0.622.34 PL 1.503.45 -57 NP-0.381.85 PL 0.972.53 -62

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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