Uttam Value Steels reports standalone net loss of Rs 133.18 crore in the March 2018 quarter

Capital Market 

Sales decline 13.11% to Rs 647.21 crore

Net Loss of Uttam Value Steels reported to Rs 133.18 crore in the quarter ended March 2018 as against net loss of Rs 206.21 crore during the previous quarter ended March 2017. Sales declined 13.11% to Rs 647.21 crore in the quarter ended March 2018 as against Rs 744.85 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 465.82 crore in the year ended March 2018 as against net loss of Rs 509.81 crore during the previous year ended March 2017. Sales declined 24.93% to Rs 2636.26 crore in the year ended March 2018 as against Rs 3511.63 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales647.21744.85 -13 2636.263511.63 -25 OPM %-11.15-17.21 --6.19-4.32 - PBDT-103.21-170.35 39 -328.28-364.43 10 PBT-133.18-206.21 35 -465.82-509.81 9 NP-133.18-206.21 35 -465.82-509.81 9

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First Published: Tue, April 10 2018. 14:13 IST