OCL Iron & Steel reports standalone net loss of Rs 60.42 crore in the December 2019 quarter

OCL Iron & Steel reports standalone net loss of Rs 60.42 crore in the December 2019 quarter

Capital Market 

Sales decline 25.28% to Rs 88.06 crore

Net Loss of OCL Iron & Steel reported to Rs 60.42 crore in the quarter ended December 2019 as against net loss of Rs 31.41 crore during the previous quarter ended December 2018. Sales declined 25.28% to Rs 88.06 crore in the quarter ended December 2019 as against Rs 117.85 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales88.06117.85 -25 OPM %-32.01-3.43 -PBDT-60.50-25.23 -140 PBT-83.36-48.31 -73 NP-60.42-31.41 -92

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First Published: Wed, February 12 2020. 08:15 IST