Uttam Galva Steels reports standalone net loss of Rs 580.58 crore in the September 2018 quarter

Capital Market 

Sales decline 87.60% to Rs 109.72 crore

Net Loss of Galva Steels reported to Rs 580.58 crore in the quarter ended September 2018 as against net loss of Rs 213.26 crore during the previous quarter ended September 2017. Sales declined 87.60% to Rs 109.72 crore in the quarter ended September 2018 as against Rs 884.89 crore during the previous quarter ended September 2017. ParticularsQuarter EndedSep. 2018Sep. 2017% Var.Sales109.72884.89 -88 OPM %-0.171.22 -PBDT-338.27-148.27 -128 PBT-402.00-213.26 -89 NP-580.58-213.26 -172

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First Published: Thu, October 11 2018. 08:18 IST