RMG Alloy Steel reports standalone net loss of Rs 24.81 crore in the September 2017 quarter

Capital Market 

Sales decline 82.22% to Rs 12.54 crore

Net Loss of RMG Alloy Steel reported to Rs 24.81 crore in the quarter ended September 2017 as against net loss of Rs 16.09 crore during the previous quarter ended September 2016. Sales declined 82.22% to Rs 12.54 crore in the quarter ended September 2017 as against Rs 70.52 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales12.5470.52 -82 OPM %-66.03-0.75 -PBDT-22.97-14.22 -62 PBT-24.81-16.09 -54 NP-24.81-16.09 -54

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First Published: Wed, December 13 2017. 16:21 IST